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.
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AmCham CZ 2017 Prosperity Index: Doing well, and positioned to do better in the future
The Prosperity Index is a tool for measuring prosperity and identifying areas of public policy which could increase prosperity. Indicators show that the country has made steady progress in increasing its current prosperity, is strongly positioned for future prosperity, and is at the head of the EU in spreading prosperity across the population. The attachment contains the indicators, and some conclusions about what areas the next government should address.
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The CNB on hold due to global uncertainty
We expect the CNB to stay on hold on Thursday as the uncertain outlook for the global economy outweighs the weaker-than-expected CZK and high core CPI factors. We see scope for two CNB hikes this year, but with an improvement in the global economic outlook now a necessary condition. Neither CZK spot nor CZK IRS rates currently offer attractive opportunities.
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ING Bank Czech Republic: Housing credit on weak footing in December
The volume of new housing loans declined to the lowest level in two-and-a-half years, driven by stricter recommendations from the Czech National Bank and strong frontloading in the second half of last year.
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