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Czech Republic: GDP increased by 2,3% year-on-year 29.11.2018 Czech Republic: GDP increased by 2,3% year-on-year According to the preliminary estimate, the gross domestic product in the Q3 2018 increased by 0.4%, quarter-on-quarter, and by 2.3%, year-on-year.
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Czech National Bank increases interest rates 11.11.2018 Czech National Bank increases interest rates Czech National Bank: At meeting on 1. 11. 2018, the Czech National Bank Bank Board increased the two-week repo rate (2W repo rate) by 25 basis points to 1.75%. At the same time, it increased the Lombard rate to 2.75% and the discount rate to 0.75%. The new interest rate levels come into effect on...
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Czech firm to set up U.S. headquarters in San Antonio, creating hundreds new jobs 11.11.2018 Czech firm to set up U.S. headquarters in San Antonio, creating hundreds new jobs SAN ANTONIO - San Antonio will be the new U.S. headquarters for a Czech company that provides business processing services, bringing more than 1,400 jobs to the city.
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Czech Republic: The unemployment rate decreased to 2.2% in September 09.11.2018 Czech Republic: The unemployment rate decreased to 2.2% in September Czech Statistical Office: The general unemployment rate of the aged 15 – 64 years, seasonally adjusted, reached 2.2 in September 2018 and decreased by 0.5 p.p., year-on-year. The male unemployment rate, seasonally adjusted, attained 1.9%; the female unemployment rate was 2.6%.
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Czech government indebtedness declined in 2017 29.10.2018 Czech government indebtedness declined in 2017 Czech Statistical Office: The government gross debt amounted to 34.68 percent of GDP in 2017, confirmed by Eurostat. In 2016 it was 36.81 percent of GDP.
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Czech Republic: Confidence of consumers increased in October 2018 29.10.2018 Czech Republic: Confidence of consumers increased in October 2018 Czech Statistical Office: Overall confidence in economy increased slightly. The composite confidence indicator (economic sentiment indicator), that is stated by basic indices, increased by 0.2 points to 99.8 compared to September. Consumer confidence indicator increased by 1 point to 112.0, m-o-m.
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Czech Republic scored 71.18 points out of 100 on the 2018 Global Competitiveness Report 29.10.2018 Czech Republic scored 71.18 points out of 100 on the 2018 Global Competitiveness Report World Economic Forum: Czech Republic scored 71.18 points out of 100 on the 2018 Global Competitiveness, says Report published by the World Economic Forum. Czech Republic ranked 29. place from 140 compared countries.
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Czech Republic: Prices decreased in agriculture and increased in industry 19.10.2018 Czech Republic: Prices decreased in agriculture and increased in industry In comparison to August 2017, agricultural producer prices went down by 2.1%. Industrial producer prices and construction work prices were both higher by 3.3% and 3.5%, respectively.
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Czech retail trade successful also in August 19.10.2018 Czech retail trade successful also in August In August 2018, sales adjusted for calendar effects increased at constant prices by 4.2%, year on year (y-o-y).
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Surplus of the Czech Trade Balance Fell Year−on−Year 19.10.2018 Surplus of the Czech Trade Balance Fell Year−on−Year According to preliminary data in current prices, in August 2018 the external trade balance in goods ended in a surplus of CZK 2.3 bn, which was by CZK 2.6 bn lower, year−on−year (y−o−y).
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