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.

Spotlight issue

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


ING Bank: Czech Republic: Unemployment surprises on the downside

Despite a cold month, the unemployment rate continues its decline, and we expect the labour market's strong momentum to be the main pro-inflationary factor this year.
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8th March 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


The share of unemployed surprised with a stronger decline

The share of unemployed has turned south again after taking a two-month break. In February, it cut two ticks. The number of vacancies keeps growing and is approaching the number of reachable unemployed. That corroborates the view that the situation on the labour market is extremely tight, which should be visible in the wage statistics for 4Q17 released tomorrow. We expect an increase on the back of a surge of salaries in the public sector, Komerční banka says.
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8th March 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


2018 European Semester Winter Package: The Czech Republic’s investment outlook is buoyant

The Czech Republic has made limited progress in addressing the long-term sustainability of public finances. Some progress has been made in improving the anti-corruption and public procurement frameworks and in streamlining procedures for granting building permits. The range of e-government services has expanded and the quality of R&D has slightly improved. Some progress has also been observed in fostering employment of under-represented groups, 2018 European Semester Winter Package report says. The investment outlook is favourable, though.
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Members of the American Chamber of Commerce in the Czech Republic