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
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.
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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.
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ECB preview: A general repetition no one really needs
Thursday's ECB meeting will again be one of those most of their officials would rather skip if they could. It should only serve as the prelude to the first QE showdown in June
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