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

13th December 2018 / Economic policy / Technology, R&D and Innovation

T.Koláčný, Brno Deputy Mayor: "The primary aim of Brno is to attract students & professionals who are interested & motivated to become part of innovations."

On 13 December, AmCham Brno-based companies discussed future of the city with Deputy Mayor of Brno Tomáš Koláčný from the Pirate Party responsible for the Townhall's participation platforms and smart city projects, among others. The event was hosted by the Courtyard by Marriott hotel.

5th December 2018 / Economic policy / Macroeconomic Indicators, Economic Growth

ING Bank Czech Republic: Czech wage growth remains strong

Nominal wages grew by 8.5% year-on-year in the third-quarter. Wage growth slightly exceeded the consensus and the central bank estimates of 8.2%, mainly due to higher wage growth in non-market sectors.

5th December 2018 / Economic policy / Macroeconomic Indicators, Economic Growth

ING Bank Czech Republic: Czech GDP growth revised higher

GDP growth figures for 3Q18 were revised slightly higher to 2.4% year-on-year and 0.6% quarter-on-quarter. Stronger investment and household consumption contributed positively to the result while inventories and net exports were drags on growth.