News

Balance of the Czech Republic ended in a Deficit in July 10.09.2018 Balance of the Czech Republic ended in a Deficit in July According to preliminary data in current prices, in July 2018 the external trade balance in goods ended in a deficit of CZK 4.8 bn, which was by CZK 2.9 bn higher, year−on−year (y−o−y).
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Average Wage Increased by 6.2% in Real Terms 07.09.2018 Average Wage Increased by 6.2% in Real Terms In Q2 2018 the average gross monthly nominal wage per full time equivalent (FTE) employee in the national economy increased by 8.6% compared to the same period of the previous year. In real terms it grew by 6.2%. The median wage was CZK 27 236 (approx. USD 1 231).
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Sales in retail trade continued to grow 07.09.2018 Sales in retail trade continued to grow In July 2018, sales adjusted for calendar effects increased at constant prices by 4.4%, year on year (y-o-y); non-adjusted sales increased by 5.6%, y-o-y.
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The unemployment rate decreased to 2,3% 06.09.2018 The unemployment rate decreased to 2,3% The general unemployment rate of the aged 15-64 years, seasonally adjusted, reached 2,3% in July 2018 and decreased by 0,5 p.p., year-on-year.
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Czech economy performance in 2nd quarter or 2018 05.09.2018 Czech economy performance in 2nd quarter or 2018 The gross domestic product increased by 0.7% in q-o-q comparison. Compared to previous year it increased by 2.4 %.
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Czech external trade balance in the Q2 2018 05.09.2018 Czech external trade balance in the Q2 2018 The external trade balance at current prices decreased by 3,7 bn CZK (approx. 167 million USD), y-o-y, in the Q2 2018
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Czech budget proposal: 10 billion cut of the deficit 28.08.2018 Czech budget proposal: 10 billion cut of the deficit Czech Finance Minister will propose to cut 2019 state budget deficit by 10 billion Czech crowns (approx. $0.45 billion). The proposed state budget deficit is 40 billion Czech crowns (approx. $1.82 billion). The proposal is already approved by the government.
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Flowmon, Czech Technology Company, is entering US market 24.08.2018 Flowmon, Czech Technology Company, is entering US market The new CEO of Flowmon Networks, Jiri Tobola, wants to double company’s turnover within three years as a part of the company's global growth strategy.
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Czech arms dealer readies deliveries to US Army 21.08.2018 Czech arms dealer readies deliveries to US Army Česká zbrojovka Uherský Brod wants to move a substantial part of its production to the US.
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Month-on-month and year-on-year comparison of producer price indices 16.08.2018 Month-on-month and year-on-year comparison of producer price indices Growth of prices in construction accelerated.
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