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

8th March 2022 / Economic policy / Macroeconomic Indicators, Economic Growth


AmCham held regular Macro Intel session with Czech National Bank

Inflation is popping out of the Czech National Bank's target band. Employee expectations are exceeding the wage increases expected and budgeted by employers. The housing market is hurtling ever higher. The danger is that one feeds the other two, and the complex system of the economy begins to hyperventilate as price rises feed wage rises that feed back into price rises.
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3rd August 2023 / Economic policy / Macroeconomic Indicators, Economic Growth


AmCham Macro Intel: What is driving high prices?

What is driving high prices was the subject of regular AmCham Macroeconomic Intel session led by AmCham CZ Vice President Martin Skřehota of Carrier Refrigeration and Jaromír Šindel of Citi.
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22nd June 2023 / Economic policy / Macroeconomic Indicators, Economic Growth


OECD Economic Outlook for Czechia (June 2023)

According to OECD, GDP growth in Czechia will slow to 0.3% in 2023, before picking up to 2.4% in 2024. In 2023, high energy prices, tight financing conditions and weak sentiment will hold back private investment, and still elevated inflation will constrain private consumption. Private consumption will pick up in 2024, underpinned by growing real wages. Inflation will start falling from currently high levels but will only approach the 2% target towards the end of 2024. The unemployment rate will remain low, close to 3%.
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Members of the American Chamber of Commerce in the Czech Republic