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
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ING Bank Czech Republic: Czech GDP figure better than expected in 4Q18, though sending mixed signals
Czech economic growth was stronger than expected in 4Q18, mainly due to stronger exports and helped by government consumption. On the other hand, household consumption disappointed, which brings some uncertainty to the outlook. We expect GDP growth to decelerate to close to 2.5% this year, after 3% growth in 2018.
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2019 European Semester: Czechia: Continued economic growth offers a valuable opportunity to intensify structural reforms
The newest European Semester country report issued by the European Commission assesses Czech progress on structural reforms and outlines macroeconomic prevention and correction measures taken by the Czech government in the past years.
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ING Bank Czech Republic: Czech share of unemployed people typically increased
The share of unemployed people increased slightly from 3.1% to 3.3% in January as a result of typical seasonality during the winter months. The labour market remains tight, as the number of job vacancies further increased to a new record high.
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