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
Strong demand for industrial space continues in Czech Republic
CBRE, a global leader in real estate services, released its latest industrial rental space market quarterly report. Vacancy rates remain very low below 4 % and more than half of space currently under construction is already pre-leased. Net demand is driven mainly by manufacturing companies.
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ING Bank Czech Republic: Czech confidence improved in August
Entrepreneurs, especially in industry, became more optimistic in August, helping to boost overall levels of confidence, even as consumer sentiment slipped. This is no game changer for the central bank, which we expect to hike rates further this year.
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ING Bank Czech Republic: Czech GDP growth slows in 2Q
The first estimate of GDP growth in the second quarter slipped to 2.3% year-on-year (0.5% quarter-on-quarter). A weaker print below 3% was expected due to the base effect so this is no game changer for our 2018 outlook or the central bank's monetary stance.
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