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.
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Spotlight issue
Inflation was not surprising in December but is rising
Inflation rose to 6.6% yoy in December, in line with market expectations. Compared to the Czech National Bank's forecast, it was still one percentage point higher. The transition between energy suppliers led to a slight month-on-month decrease in electricity prices. Gas prices have risen. Food prices rose slightly, while fuel prices became cheaper. Without the VAT waiver, annual inflation would be close to 8%. It will head to 9% yoy at the beginning of this year. In February, we expect the CNB repo rate to increase to 4.50%.
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CzechInvest M&A report Q3 2021
According to CzechInvest, the government investment agency, 142 M&A transactions were announced in the third quarter of 2021.
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Government Measures Supporting Employment or Individual Economic Revenue
The list of Government measures supporting employment or individual economic revenue. Last update December 30, 2021.
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