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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ING Bank Czech Republic: Czech unemployment rate rises, but so do job vacancies
The Czech unemployment rate rose slightly in July, an often-seen seasonal effect. But the labour market is still tight and job vacancies increased to new historical highs.
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ING Bank Czech Republic: Czech foreign trade solid in 1H (under circumstances)
The foreign trade balance reached a CZK98.5 billion surplus in the first half of 2018, ending below last year's level due to stronger investments, higher oil prices and a deceleration in car exports. But this is still reasonable result given a 5% strengthening in the koruna, constrained capacity of Czech producers and weaker foreign demand.
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ING Bank Czech Republic: Data diverges on base effects
Industry accelerated by 3.4% year-on-year and surprised on the upside while retail sales grew less than expected at just 2%. Both figures were affected by base effects
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