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

26th March 2021 / Economic policy / Health Care

AmCham Letter to Health Minister Jan Blatny on Vaccination Policy

We write to provide comment on the vaccination policy from the perspective of businesses. Our aim is to end the pandemic with the lowest loss of life possible and to return the economy to operations unaffected by pandemic as soon as the suppression of the pandemic makes it possible. These comments are made in recognition of the difficult choices facing the government, and are intended to put the organizational resources of private companies to work in helping the government and society to overcome this crisis.

24th March 2021 / Economic policy / Macroeconomic Indicators, Economic Growth

Czech confidence drops further in March

As another lockdown comes into force in the Czech Republic, household confidence plummeted in March to levels seen last November and are only slightly higher than they were during the first wave. Business confidence declined too, but mainly due to services. In general, it remains solidly above the lows of the first wave of the pandemic

18th March 2021 / Economic policy / Macroeconomic Indicators, Economic Growth

Czech industry weakened slightly at the beginning of the year

At the beginning of the year, industrial production weakened roughly as expected, as car production declined. Domestic orders fell sharply. We expect manufacturing to weaken for the entire first quarter. The brake is on the supply of components and restrictions for workers due to the pandemic. In the coming quarters, production growth should continue, reaching less than 10% for the whole year.