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Spotlight issue

15th July 2020 / Competitiveness / Transport, Infrastructure and Tourism


Prague Airport Survey: Three Quarters of Czechs Using Air Transport Wish to Travel Abroad Within Two Months at the Latest

If it was possible, 78% of Czechs who have travelled by air at least once in the last two years would like to travel to their favourite foreign destination within two months at the latest, based on the findings of a survey conducted for Prague Airport by the Median agency. At the beginning of June, the survey was conducted on a representative sample of 1,549 respondents over the age of eighteen who had travelled abroad by air at least once in the last 24 months. The survey also showed that 71% of respondents will use air transport to travel abroad as often as or even more than before the current crisis caused by the spread of COVID-19.

15th July 2020 / Economic policy / Macroeconomic Indicators, Economic Growth


Consumer price inflation accelerates as core inflation breaks records

In June, consumer prices increased 0.6% mom and 3.3% yoy. Czech inflation thus accelerated significantly. This was due to higher prices of alcoholic beverages and tobacco, where the delayed effect of higher excise tax on cigarettes continued. However, core inflation also increased significantly, rising to 3.5% yoy from the previous 3.3%. According to the CNB, this value represents the inflationary risk of its current forecast. In our opinion, however, current high inflation is only a temporary matter and we expect it to decrease in the second half of this year.

15th July 2020 / Competitiveness / Business and Industry


Practical experience with applications under COVID – Rent programme

On 26 June 2020, the Ministry of Industry and Trade (MIT) launched the COVID – Rent programme. Applications should be accepted until 30 September 2020. Persons carrying out retail or performing services may apply for the compensation of rent for April to June 2020 up to 50%, or 80% where the lessor is a public institution.

15th July 2020 / Competitiveness / Employment and Social Affairs


How did the Labour Inspection Office sanction employers in 2019?

The State Labour Inspection Office (SLIO) has published its inspection report for 2019. What were the outcomes of its inspections focusing on agency employment, illegal employment, concealed employment mediation and employee monitoring?

Strategic Directions for Czech Economic Policy

  1. Transition to High-Tech Manufacturing and Exports
  2. The City Campus as Idea Factory
  3. Government Programs and Processes That Drive Innovation
  4. Government as a Competitive Advantage, including Digitization

Advocacy Priorities for 2023 
 
Technology, People, Infrastructure

 

Actions Recommended in Areas:

1. Establishing Policy Objectives for Research.

2. Research Investment and Cooperation. Big Bets (Key Technology Projects).

3. Establishing Databases for Tracking Public Policy Outcomes.

4. Public Procurement as an Innovation Tool.

5. Immigration of STEM Talents.

6. Digitization of Immigration. 

7. Adult Reskilling and Upskilling.

8. Digitization of Land Use.

9. Infrastructure Development, including Technology Parks.

 

 

Read the documents in English and Czech.

Policy pipeline

In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.

Members of the American Chamber of Commerce in the Czech Republic