Competitiveness

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.

Spotlight issue

1st November 2023 / Competitiveness / Trade and Investment


Amendment to the Investment Incentives Act approved

On Friday 27 October 2023, the Chamber of Deputies approved an amendment to the Investment Incentives Act, which we informed you about HERE.
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30th October 2023 / Competitiveness / Macroeconomic Indicators, Economic Growth


State of Grocery in Central Europe 2023: The battle for the new shopper

Central European retailers and manufacturers must reassess their offerings to effectively meet customer demands and shrinking budgets, focusing on perceived price attractiveness and store formats. Looking back at 2022 The outlook for 2022 given pandemic-related inflation was rather pessimistic. In the 2022 McKinsey & Company CEO Survey of 57 European grocery leaders, 60 percent foresaw worsening market conditions. Time has proven them right, yet they underestimated the extent of economic challenges, as Russia's invasion of Ukraine intensified negative trends, pushing food and energy inflation beyond expectations, and driving consumer preference for cheaper options. Rising inflation surpassed per capita disposable income growth, squeezing household budgets; Central European disposable income increased 10 percent over four years, while 2022's food inflation hit 15 percent. Grocery sales in major Central European markets grew only 4 percent in 2022, down from 9 percent in 2021 due to Ukraine, with similar trends affecting the wider EU retail market (Exhibit 1).
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30th October 2023 / Competitiveness / Technology, R&D and Innovation


42% of tech pros will have left their job by 2024

Are you struggling to retain your top tech people? 'Inside Tech Talent' includes comparable data across 20 #EMEA countries, so you can discover what matters most to in-demand #tech professionals. Access the report here: https://shorturl.at/uCKVZ
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Members of the American Chamber of Commerce in the Czech Republic