Business
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Can the Czech Republic “invest its way out” of the Covid-19 crisis?
Governments worldwide are grappling with how to recover from the Covid-19 pandemic. What do leading Czech economists think is the best way forward?
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Inflation levels in Czechia at their highest since 2008
Inflation in the Czech Republic rose by 4.1 percent year-on-year in August, the most significant increase since November 2008, according to the Czech Statistics Agency.
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Czech book market struggling with paper shortage
Publishing houses in the Czech Republic are struggling with a shortage of paper and cardboard, which, in some cases, forces them to postpone the release of planned titles.
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Imports of used cars in August exceeded sales of new vehicles
Imports of used passenger cars to the Czech Republic in the first eight months of 2021 rose by a fifth year-on-year to 118,593 vehicles.
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Analysts believe Czech industry could reach double digit growth in 2021
Despite problems associated with deliveries of raw materials and components, analysts agree that Czech industry is doing well and could reach double digit growth this year.
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Škoda Auto’s topselling Octavia model celebrates 25th anniversary
The Czech carmaker started rolling out its most successful model to date exactly 25 years ago, at its overhauled factory in Mladá Boleslav, among the most modern in Europe.
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Economists expect sharp second quarter rise in Czech salaries
Salaries in the Czech Republic probably increased by between 7.5 percent and 13 percent in the second quarter of this year, according to economists.
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Flowers and plants getting more expensive
Czechs have been forking out more money for nearly everything – and flowers are no exception.
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Czech glassworks Květná wins contract to furnish Rolls-Royce cars
The Czech glassworks Květná has won a prestigious contract for furnishing Rolls-Royce car interiors.
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Covid-19 forces Prague hotel owners to cut prices
The average price of hotel stays in Prague has been falling for the second year due to the lack of foreign tourists, caused by the ongoing coronavirus crisis.
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Czech Republic ranks fifth overall in Global Manufacturing Risk Index
The Czech Republic ranked as the best country in Europe and fifth overall globally in this year’s annual Global Manufacturing Risk Index.
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Statisticians: Industrial producer prices at 15 year high
July saw year-on-year industrial producer prices grow by 7.8 percent, the biggest rise since November 2004, the Czech Statistics Agency announced on Monday.
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