Economic policy | Council on Czech Competitiveness

Economic policy / Macroeconomic Indicators, Economic Growth

This section reports on economic policy initiatives of the Czech government, the EU, and other entities that have a direct impact on the competitiveness of the country. It also includes information on economic priorities of the AmCham and other leading associations.

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Spotlight issue

5th December 2018 / Economic policy / Macroeconomic Indicators, Economic Growth

ING Bank Czech Republic: Czech GDP growth revised higher

GDP growth figures for 3Q18 were revised slightly higher to 2.4% year-on-year and 0.6% quarter-on-quarter. Stronger investment and household consumption contributed positively to the result while inventories and net exports were drags on growth.

9th November 2018 / Economic policy / Macroeconomic Indicators, Economic Growth

Czech inflation slows down to 2.2% due to food prices

Inflation further slowed down to 2.2% in October after 2.3% in September and ended below the market and the central bank forecast. But we don't think this is a game changer for the central bank

1st November 2018 / Economic policy / Macroeconomic Indicators, Economic Growth

GDP slowing down as inflation remains persistent

The Czech economy has slowed down. At the end of 3Q, dynamics in industry and retail sales decelerated. The economy lacks support from its main trading partners as growth in the euro area has disappointed this year. Inflationary pressures have not dissipated. October price growth was driven by food and fuel prices while the core element has recorded a modest increase.