Economic policy

This section reports on economic policy initiatives of the Czech government, the EU, and other entities that have a direct impact on the competitiveness of the country. It also includes information on economic priorities of the AmCham and other leading associations.

Spotlight issue

15th June 2018 / Economic policy / Transport, Infrastructure and Tourism

Minister of Transport Dan Ťok debated latest updates on commercial logistics network

On June 14 Minister of Transport Dan Ťok and AmCham members discussed the current development in transport network in the Czech Republic, with 200 km already built and 150 km planned to be built and maintained in next few years. The building of the Czech tranport network connectin the Czech Republic with its neighbours is more likely to be finished by 2025.   
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13th June 2018 / Economic policy / Macroeconomic Indicators, Economic Growth

Strong inflation increases the probability of an earlier hike

In May, inflation accelerated and returned above the CNB’s 2% target. The price level increased due to food being more expensive. Core inflation also recorded sound dynamics and fuel prices significantly contributed to overall price growth as they followed oil price development on global markets. The koruna depreciated amid the risk-off mood of May and joined the pro-inflationary pressures. Today’s statistics contribute to the picture of an earlier rate hike. We still count on November, but the probability of a rate increase in August is rising, Komerční banka says.  
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13th June 2018 / Economic policy / Health Care

Invitation: Healthcare 2.0: How do UK economists view Czech health care?

Healthcare 2.0 initiative invites to a panel discussion, which will take place on Wednesday, June 20, 2018 at 3 pm in the NHÚ AV ČR building, Politických vězňů 7, Praha 1, 2nd floor, room no. 7. 
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12th June 2018 / Economic policy / Macroeconomic Indicators, Economic Growth

ING Bank Czech Republic: Czech inflation beats forecasts with a 2.2% rise

CPI accelerated to 2.2% in May after 1.9% in April. While this was mainly due to the effect of higher food and fuel prices, prices of services also accelerated by 2.8%. Inflationary pressures tied to strong wage growth and a weaker Czech koruna favour a rate hike at the end of June  
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Members of the American Chamber of Commerce in the Czech Republic