2nd January 2018

Radio Praha: Czech economic highlights of a probably overheated 2017

A booming economy on the back of higher wages, more people in jobs, and strong exports – fuelled largely by the auto sector - and hardly dimmed by the end of the low crown and resurrection of interest rates as a central bank weapon. That was the big economic picture of the Czech economy in 2017 with the foot on the pedal likely to be lifted just slightly over the coming 12 months, Radio Praha sums up.

 

  • End of low crown without soar away currency
  • Wages rise as unemployment plummets and vacancies go begging
  • Škoda Auto breaks records but faces growth pains
  • Czech lithium reserves fuel controversy

 

Read full article in English for more details.

 

Members of the American Chamber of Commerce in the Czech Republic