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.
The QS World University Rankings by Subject 2019 cover a total of 48 disciplines, grouped into five broad subject areas.
University Impact Rankings 2019 by SDG: good health and well-being - 4 Czech universities are on THE list
The Times Higher Education University Impact Rankings are global performance tables that assessing universities against the United Nations’ Sustainable Development Goals. They use carefully calibrated indicators to provide comprehensive and balanced comparisons across three broad areas: research, outreach, and stewardship. This first edition includes more than 450 universities from 76 countries, including Czechia.
The level of optimism of Czech CFOs has slightly decreased after peaking last year. According to CFOs’ predictions, GDP will grow by 2.3% on average (0.2 percentage point less than in 2018). The overwhelming majority (98%) believes that employee costs will grow again this year. The majority (73%) of CFOs in the Czech Republic admit that their team has been prepared for the implementation of artificial intelligence only partially or not at all. This is the outcome of the 10th annual Deloitte CFO Survey 2019.
The capital city of Czech Republic, Prague is one of the most charming cities in all of Europe and rivals even Paris when it comes to beauty, the portal shows. Prague ranks the 12th most Instagrammable place in Europe.
Strategic Directions for Czech Economic Policy
- 1) The home of value-added manufacturing
- 2) Prague-Brno-Ostrava Creative Triangle
- 3) Health Care as an export industry
- 4) Government as a competitive advantage
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.