Economic policy
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
Customers are looking for largest warehouses in Plzeň and Ústí regions
CBRE, a global leader in commercial real estate services published its latest CBRE REAL DEMAND BAROMETER – a study monitoring demand for warehouses all over Czech Republic over past two years. It shows large differences between regions (kraje) – while in Karlovarský region was the typical (median) request for warehouses exceeding 13 thousand square meters, in Olomoucký region the median demanded warehouse floor space was only 600 square meters.
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Google+Minister of Transport Dan Ťok debated latest updates on commercial logistics network | AmCham Transportation & Logistics Factsheet
On June 14 Minister of Transport Dan Ťok and AmCham members discussed the current development in transport network in the Czech Republic, with 200 km already built and 150 km planned to be built and maintained in next few years. The building of the Czech tranport network connecting the Czech Republic with its neighbours is more likely to be finished by 2025
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Strong inflation increases the probability of an earlier hike
In May, inflation accelerated and returned above the CNB’s 2% target. The price level increased due to food being more expensive. Core inflation also recorded sound dynamics and fuel prices significantly contributed to overall price growth as they followed oil price development on global markets. The koruna depreciated amid the risk-off mood of May and joined the pro-inflationary pressures. Today’s statistics contribute to the picture of an earlier rate hike. We still count on November, but the probability of a rate increase in August is rising, Komerční banka says.
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