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.
Show subcategories ▾
Spotlight issue
AmCham held regular Macro Intel session with Czech National Bank
Inflation is popping out of the Czech National Bank's target band. Employee expectations are exceeding the wage increases expected and budgeted by employers. The housing market is hurtling ever higher. The danger is that one feeds the other two, and the complex system of the economy begins to hyperventilate as price rises feed wage rises that feed back into price rises.
View more
Twitter
Linkedin
Facebook
Google+
Elevated inflation weighs on Czech household consumption
According to the refined estimate, Czech GDP grew by 0.9% qoq in 4Q21. This is fully in line with the earlier preliminary estimate. In year-on-year terms, economic growth accelerated from 3.5% in 3Q to 3.6% in 4Q. However, compared to the pre-crisis fourth quarter of 2019, the level of economic activity was still 1.9% lower.
View more
