This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

9th January 2020 / Competitiveness / Business and Industry

The end of the year was in a rush in the field of investment in commercial real estate and confirmed both the dominance of Prague and Czech investors

The volume of investment in commercial property in Prague approached 80% of all Czech transactions last year. Even though they reached a total volume of €1.2 billion. The end of the year was relatively hectic. For example German investment company Deka Immobilien sold the Lighthouse Towers administrative complex in Prague's Holešovice to Czech firm Star Capital Investments just a few days before the arrival of the new year. According to CBRE, the world leader in commercial real estate services, there were more than twenty running negotiations in the last calendar month that will be closed during this year. Transaction volume in commercial real estate in 2020 will reach in the Czech Republic €3 billion. And office buildings will be once again the most demanded.  
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9th January 2020 / Competitiveness / Macroeconomic Indicators, Economic Growth

The Czech economy will continue slowing down in 2020 and unemployment will remain low

The Czech economy will be marked by continued slowdown in 2020, with GDP growing by 2.0%. Despite the slowdown in growth, the unemployment rate should remain at a very low level, at around two percent. The average wage will rise by the lowest percentage in three years, 5.7%. Inflation is expected to be 2.5-3.0% during 2020. These are some of the conclusions of the 2020 analysis of the economic outlook compiled by Deloitte's economic team.
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Members of the American Chamber of Commerce in the Czech Republic