Inflation spiked to 2.6% in June, which represents the highest level since last November. After the slowdown at the turn of 2017/2018, it seemed that the rapid wage growth does not pass through into inflation. Yet, June and May showed that the effect was just delayed and that wages already support inflation strongly. In June, the statisticians also recorded a decent increase in food, fuel and electricity prices. Accelerating inflation together with a weaker koruna highlights the risk that the CNB will go for a hike in August, Komerční banka says.
According to the report published by The Economist Intellligence Unit in June 2018, the overall system of healthcare delivery needs modernisation, with an excess of investment in hospital care rather than in primary care, a looming shortage of general practitioners and an underdeveloped electronic healthcare (e-healthcare) infrastructure driving the need for structural changes. These factors, combined with a lack of sufficient political will for reforming the system, have hobbled policymakers in the past and will present a key test for the country’s government.
The Private Equity Confidence Survey has been tracking the changing sentiments of the Central European investment community every six months since 2003. Deloitte Central Europe proudly presents the latest report which marks the 31st edition of the programme.
"I think you have got a good combination of universities, research centers and innovation and technology centers which are literally just across the street. People can change buildings and faculties and keep even the coffee warm by running because it is so close together. Overall, there is a good environment here and I think we should not only go to the big cities because bright heads are spread across the country and also here in Brno," says Frank Salzgeber, Technology Transfer and Business Incubation Center at the European Space Agency in an interview for brnoregion.com.
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
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