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08/18/2026
Average rents in the Czech Republic increased by 1.2% in the second quarter compared with the first three months of the year, reaching CZK 343 per square meter. However, rents rose significantly in only three regional capitals: Pardubice, Ostrava, and Olomouc. In the Central Bohemian Region, rents remained unchanged, while rents fell in the other major cities.
This is according to the Rent Index published by Deloitte, a consulting and technology company. According to the index, rents in the Czech Republic have more than doubled since 2014.
In Prague, where housing is traditionally the most expensive, rents fell by just under 1% after several quarters of increases, reaching CZK 462 per square meter. However, trends varied across different parts of the capital.
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08/18/2026
The parental allowance will increase by CZK 50,000 to CZK 400,000 starting next year. In the case of twins or multiple births, the amount will be doubled.
The increase is part of a government amendment to the state social support law, which President Petr Pavel signed today. The President’s Office announced that he had signed the legislation. Part of the opposition unsuccessfully sought to add an automatic indexation mechanism for the allowance to the bill.
The higher parental allowance will apply only to parents of children born on or after January 1, 2027.
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08/17/2026
The renewed National Coalition Against Drought will be headed by Prime Minister Andrej Babiš (ANO). He said this today following a government meeting.
According to Babiš, the coalition will include Agriculture Minister Martin Šebestyán (nominated by SPD) and Environment Minister Igor Červený (Motorists). Representing the regions will be Richard Brabec (ANO), a former environment minister and the current governor of the Ústí nad Labem Region. The coalition will hold its first meeting this afternoon.
Among the experts who will join the coalition, Babiš mentioned bioclimatologist Miroslav Trnka from the Global Change Research Institute of the Czech Academy of Sciences, who is also the coordinator of the Intersucho drought-monitoring portal, as well as Tomáš Fojtík, director of the T. G. Masaryk Water Research Institute.
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08/17/2026
Retia Pardubice, a manufacturer of radar and recording systems, command-and-control systems, and electronic equipment, reported a record net profit of CZK 252 million last year. Compared with 2024, the profit doubled.
Revenue from the sale of products and services increased 33% year-on-year to CZK 2.073 billion, the company said in its annual report published in the Collection of Documents.
Revenue was also the highest in the company's history. Retia supplies equipment to the defense industry.
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08/17/2026
Food prices in the Czech Republic may continue to decline for several more months. Analysts expect this based on developments in producer prices published today by the Czech Statistical Office (ČSÚ).
By contrast, inflationary pressures in the industrial sector are intensifying, experts say, as the impact of higher raw-material costs resulting from conflicts in the Middle East begins to make itself felt more strongly.
Experts expect the trend of falling food prices to come to an end during the winter. “The effect of excess supply will eventually run its course. Farmers will adapt, and the strong downward pressure on prices will naturally disappear. The only question is when, because everyone is facing rising costs for energy, fertilizers, animal feed, and other inputs,” Dufek said.
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08/17/2026
On Tuesday, it will be mostly cloudy, with partly cloudy skies in the southwestern half of the country in the morning. Highs will range from 18°C to 23°C, reaching up to 25°C in southern Moravia.
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08/17/2026
Customs officers in the Teplice area seized nearly 10 kilograms of drugs, including heroin, cocaine, and methamphetamine. Working together with criminal investigators from the Ústí region, they detained two men. Both men were placed in custody, and if found guilty in court, they could face five to twelve years in prison, according to the police. During the operation, customs officers and police also seized proceeds from criminal activity amounting to nearly one million Czech crowns.
During searches of the suspects' properties, customs officers seized €27,000 and $320. According to customs officers and police, the two men allegedly acted together with the intention of making a financial profit from the sale of drugs.
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08/17/2026
Students will once again have to pay more for apartment rentals this year. Those who want to find accommodation in a private apartment or shared housing instead of student dormitories should expect to pay up to 14% more in rent compared with last year. Students typically start looking for accommodation during the summer months before the beginning of the winter semester.
“In Prague, individual rooms were being offered on the Sreality.cz portal for 10% more than during the same period last year. In Brno, however, they cost roughly the same as they did last year,” said Hana Kontriš from Seznam.cz, which operates the Sreality.cz portal. The cheapest option is renting a bed in shared accommodation. The larger the apartment students rent together, the lower the cost of accommodation per person.
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08/17/2026
The Czech Republic will see showers and thunderstorms this week, which in some places may be accompanied by torrential rain or hail. Temperatures will also drop compared with the previous period. Unlike last week, meteorologists are not expecting temperatures to rise significantly above 30°C this time.
Tuesday will be the coolest day. From Wednesday onward, however, maximum temperatures should not be far below 30°C, and in Moravia they may even reach that level.
This is according to the forecast from the Czech Hydrometeorological Institute.
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08/17/2026
There has been progress in preparations for the railway line to Václav Havel Airport Prague, Czech Television announced. It said the state plans to select a private concessionaire next year for the section between Prague-Ruzyně and Veleslavín.
It would be the first public-private partnership project on the Czech railway network, with the government planning to cooperate with a private company. The project is expected to cost around 109 billion crowns.
The private partner would build the infrastructure and then operate and maintain it for the following 25 years.
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