In the light of the recent presidential election and the campaign surrounding it, Michal Skorepa, Economist at Ceska sporitelna, has calculated trade volume of the Czech Republic with Bavaria, Germany, compared with trade exchange of the Czech Republic with Russia and China. The calculations are based on data published by the Czech Statistical Office and German Statistical Office.

A recently published report by the National Institute for Education (NUV) shows that, overall, the level of application of qualification acquired by vocational education has not changed much over the 10-year period covered by the analysis. More pronounced, positive changes in terms of professional stability can be observed in the field of engineering.

The February hike is a done deal following the recent CNB communication. However, the dovish tilt may come from the CNB interest rate forecast, which is likely to signal only two hikes in 2018, ING Bank says.

Czech economy maintains its strong momentum We have once again revised our growth outlook upwards. The Czech economy is riding the wave of recovery of its main European trading partners and investment activity has been strengthening. Moreover, capital expenditures will be supported by EU fund inflows.