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

3rd May 2018 / Economic policy / Macroeconomic Indicators, Economic Growth

J.Bures, CSOB: Prices of Czech residential housing are growing at the fastest pace in Europe, but that does not necessarily mean that the real estate is "overpriced"

Prices of Czech residential housing are growing at the fastest pace in Europe, but that does not necessarily mean that the real estate is "overpriced". In relation to rental prices, it is not. In terms of accessibility, i.e. in relation to wages, it is, though, says Jan Bureš, Economist at CSOB and Chief Economist at Patria Finance.

3rd May 2018 / Economic policy / Macroeconomic Indicators, Economic Growth

ING Bank: Czech PMI stabilises in April

Czech PMI remains at its 6-month low in April. Although not a game changer for the central bank, the recent weakness of the CZK increases the likelihood of hikes in the second half of the year.

2nd May 2018 / Economic policy / Macroeconomic Indicators, Economic Growth

Low inflation despite high wages

Czech economic growth to continue on the back of domestic demand We keep our 2018 GDP growth forecast unchanged at 3.8%. Household consumption should remain strong on the back of rapid wage growth, while a lack of production capacity will likely propel investment.