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2nd February 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


CNB raises rates, but forecasts stronger koruna, fewer hikes

The Czech National Bank (CNB) today increased the repo rate to 0.75%. The decision was unanimous (all five present members voted for a hike). The press conference was more interesting than the decision. Governor Rusnok presented a new forecast, which included the regulator’s projected EUR/CZK trajectory. It shows the CZK strengthening to EUR/CZK 24.6 by year-end. However, the forecast shows limited growth in rates for the remainder of the year. Komercni banka expects slower CZK appreciation and a stronger economy to allow central bankers to normalise rates at a swifter tempo. Komercni banka assumes three more hikes this year, with the repo rate at 1.5% at year-end.        

1st February 2018 / Competitiveness / Business and Industry


Macro Indicators Underpin Strong CEE

CEE Economies—and thus the industrial real estate sector—has shrugged off international and local political risks, like Middle East wars, nuclear grandstanding, superpower social media meddling, and local political infighting, according to CTP Invest.

1st February 2018 / Good governance / Legal Reform and Transparency


WJP Rule of Law Index 2017: Czech Republic lands in the group of countries with declining rule of law

The Czech Republic ranked 17th globally, 12th regionally in the World Justice Project Rule of Law Index 2017, the same results as in 2016. The country landed in the group of countries with Declining Rule of Law, still, it gained above median scores. 

31st January 2018 / Competitiveness / Health Care


EHCI 2017: Czech Rep. ranks 17th, main difference from neighbouring Slovakia is a decent but not excellent score on Accessibility

According to the 2017 Euro Health Consumer Index (EHCI). published by the Health Consumer Powerhouse, some eastern European EU member systems are doing surprisingly well, particularly Slovakia, Slovenia, the Czech Republic and Estonia, considering their much smaller healthcare spend in Purchasing Power adjusted dollars per capita. However, readjusting from politically planned to consumer-driven economies does take time, emerging-europe.com reports.

31st January 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


M.Skorepa/Ceska sporitelna compares trade exchange between Czech Republic and Bavaria, Russia, China

In the light of the recent presidential election and the campaign surrounding it, Michal Skorepa, Economist at Ceska sporitelna, has calculated trade volume of the Czech Republic with Bavaria, Germany, compared with trade exchange of the Czech Republic with Russia and China. The calculations are based on data published by the Czech Statistical Office and German Statistical Office.

Strategic Directions for Czech Economic Policy

  1. 1) The home of value-added manufacturing
  2. 2) Prague-Brno-Ostrava Creative Triangle
  3. 3) Health Care as an export industry
  4. 4) Government as a competitive advantage

English / Czech. Advocacy Priorities.

 

Policy pipeline

In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.

Members of the American Chamber of Commerce in the Czech Republic