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

5th December 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


ING Bank Czech Republic: Czech wage growth remains strong

Nominal wages grew by 8.5% year-on-year in the third-quarter. Wage growth slightly exceeded the consensus and the central bank estimates of 8.2%, mainly due to higher wage growth in non-market sectors.
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5th December 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


ING Bank Czech Republic: Czech GDP growth revised higher

GDP growth figures for 3Q18 were revised slightly higher to 2.4% year-on-year and 0.6% quarter-on-quarter. Stronger investment and household consumption contributed positively to the result while inventories and net exports were drags on growth.
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9th November 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


Czech inflation slows down to 2.2% due to food prices

Inflation further slowed down to 2.2% in October after 2.3% in September and ended below the market and the central bank forecast. But we don't think this is a game changer for the central bank
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Members of the American Chamber of Commerce in the Czech Republic