Czech PMI remains at its 6-month low in April. Although not a game changer for the central bank, the recent weakness of the CZK increases the likelihood of hikes in the second half of the year.

On May 1st, 2018 Vaclav Havel Airport Prague became a non-smoking airport. From this date it will not be allowed to smoke in any interior areas and all the smoking corners in transit area will be closed. By this decision Prague Airport follows the modern trend and responds to passengers’ feedback. The smokers among passengers will still be free to use the designated areas in front of the terminal buildings.

Czech economic growth to continue on the back of domestic demand We keep our 2018 GDP growth forecast unchanged at 3.8%. Household consumption should remain strong on the back of rapid wage growth, while a lack of production capacity will likely propel investment.

The book describes the fields of work and family in the Czech Republic in comparison with European countries using statistical and sociological surveys. The first part is devoted to the labour market and education. The second part aims at objective and subjective well-being, their indicators and determinants. The third part describes work and life values including religion. To each part, a “historical appendix” is attached using less recent sources and describing former initiatives in given areas.