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.

Spotlight issue

6th November 2018 / Economic policy / Tax & Finance


Letter to Finance Minister A.Schillerová on Digital Services Tax

We write to support the Czech government’s cautious approach to the proposed Digital Services Tax, a Council Directive COM/2018/0147 final - 2018/072 (CNS).
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1st November 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


GDP slowing down as inflation remains persistent

The Czech economy has slowed down. At the end of 3Q, dynamics in industry and retail sales decelerated. The economy lacks support from its main trading partners as growth in the euro area has disappointed this year. Inflationary pressures have not dissipated. October price growth was driven by food and fuel prices while the core element has recorded a modest increase. 
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11th October 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


Czech inflation unexpectedly slows

CPI decelerated to 2.3% in September due to falling prices for package holidays and newly-introduced bus and rail fare discounts for pensioners and students across the country. This is no game changer for the central bank, which we expect to hike rates in November CPI decelerated to 2.3% in September due to falling prices for package holidays and newly-introduced bus and rail fare discounts for pensioners and students across the country. This is no game changer for the central bank, which we expect to hike rates in November 
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Members of the American Chamber of Commerce in the Czech Republic