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

27th May 2019 / Economic policy / Macroeconomic Indicators, Economic Growth


ING Bank Czech Republic: Czech confidence fell in May amid higher business uncertainty

Economic confidence fell in May, close to a three-year low, mainly due to a decline in confidence in industry and services. Household confidence increased slightly, but also remains close to mid-2016 levels.
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27th May 2019 / Economic policy / Macroeconomic Indicators, Economic Growth


ING Bank Czech Republic: Czech mortgage limits unchanged, capital rate increased

The Czech National Bank published the main conclusions of the forthcoming Financial Stability Report planning to be published on 11 June. Income limits affecting housing loans affordability did not change, but the CNB increased the countercyclical capital buffer again to 2%.
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6th May 2019 / Economic policy / Macroeconomic Indicators, Economic Growth


ING Bank Czech Republic: The CNB delivered dovish hike as expected

The Czech National Bank delivered a 25bp hike as broadly expected by the market. While the CNB staff forecast still shows one more hike for 2019, Gov Rusnok clearly signalled no more hikes this year as a base case. Any further hike this year is only likely if there is a significant improvement in foreign developments. This does not seem very likely at this point.
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Members of the American Chamber of Commerce in the Czech Republic