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

25th January 2021 / Economic policy / Macroeconomic Indicators, Economic Growth

Confidence in Czech Republic slips again in January

Economic confidence deteriorated again in January in the Czech Republic as a result of stricter measures against Covid-19. Household confidence and retail sales have been impacted the most, while industrial confidence broadly stagnated and remains close to pre-pandemic levels

14th January 2021 / Economic policy / Macroeconomic Indicators, Economic Growth

Czech retail sales were hit hard by the closure of shops

The closure of shops brought a significant drop in November retail sales. Sales in clothing and footwear stores decreased 78% year-on-year. However, the food segment did not escape the declines, either, and car sales also fell sharply. The easing of restrictive measures in December gives hope that the December figure could turn out better.

14th January 2021 / Economic policy / Macroeconomic Indicators, Economic Growth

Czech Republic: December inflation lower

Czech inflation slowed down more than expected in December to 2.3% year-on-year amid lower prices of food. November sales in retail and services were impacted by the lockdown, though less than in April