Economic policy / Macroeconomic Indicators, Economic Growth

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

26th September 2019 / Economic policy / Macroeconomic Indicators, Economic Growth


AmCham suggests steps to achieve innovative economy in 2020 Letter on Priorities

The American Chamber of Commerce in the Czech Republic (AmCham) has suggested twelve steps that could be taken in 2020 that would help the Czech Republic become a top ten EU economy by 2025. Adjusted for the progress of the past two years and the government's new innovation strategy, the new Letter on Priorities sets four strategic directions: high-tech manufacturing, innovative cities, government policies that drive innovation, and government as an competitive advantage. For each strategic direction, the letter recommends steps that would align the country's key assets- people, technology, infrastructure, and government- to these strategic goals.
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20th October 2020 / Economic policy / Macroeconomic Indicators, Economic Growth


Other Government Measures Supporting Economy

The list of Government measures supporting Economy. Last update October 19, 2020.
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14th October 2020 / Economic policy / Macroeconomic Indicators, Economic Growth


Inflation decelerated mainly due to food prices

In September, Czech consumer prices declined below the market expectation as well as below the CNB forecast. Apart from seasonal changes, this was mainly caused by lower prices of food. For the coming months, we expect inflation to continue subsiding. The CNB will wait and see while the financial market speculates on rate cuts.
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14th October 2020 / Economic policy / Macroeconomic Indicators, Economic Growth


Czech Republic: Stricter Covid restrictions force GDP rethink

The Czech government introduced a new set of measures yesterday due to the surge of Covid-19 infections. Measures are focused mainly on limiting gatherings of people, impacting restaurants, culture events, sports and related services. We revise our 2020 GDP forecast to -7.5% from -6.5%
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Members of the American Chamber of Commerce in the Czech Republic