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

31st August 2018 / Economic policy / Employment and Social Affairs


AmCham CZ Workforce Report: Employment and Wages by Occupation in the South Moravian (Jihomoravský) region 2011-2017 - analysis

The American Chamber of Commerce in the Czech Republic prepared another update on the Czech workforce. This report focuses on main trends in employment and median wages in six occupational categories (managers, professionals, technicians, clerical workforce, craftsmen and plant, machine operators and assemblers) in the private and public sector in the South Moravian region (Jihomoravský kraj).
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30th August 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


CNB to complete hat-trick in September

Despite the CNB hiking rates twice over the summer, the koruna remains rather weak while core inflation is accelerating on the back of rising wages. The CNB’s forecasts assume one more hike in the third quarter, and the market has already priced it in. We expected a hawkish outcome from the latest CNB meeting that would see the koruna strengthen. However, although the bank’s short-term outlook did prove hawkish, the FX market has not reacted. We change our CNB call in accordance with the market view of September hike. We still expect another hike in November.
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29th August 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


Strong demand for industrial space continues in Czech Republic

CBRE, a global leader in real estate services, released its latest industrial rental space market quarterly report. Vacancy rates remain very low below 4 % and more than half of space currently under construction is already pre-leased. Net demand is driven mainly by manufacturing companies.
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Members of the American Chamber of Commerce in the Czech Republic