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Czech National Bank increases interest rates 28.06.2018 Czech National Bank increases interest rates Czech National Bank: The Czech National Bank Bank Board increased the two-week repo rate (2W repo rate) by 25 basis points to 1%.
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Overall confidence in Czech economy increased to 100 – June 2018 27.06.2018 Overall confidence in Czech economy increased to 100 – June 2018 Czech Statistical Office: Overall confidence in economy increased. The composite confidence indicator (economic sentiment indicator), increased by 0.8 points to 100.0, m-o-m. Confidence of entrepreneurs increased by 1.2 points to 97.4 compared to May. Consumer confidence indicator decreased...
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Export price indices – April 2018 22.06.2018 Export price indices – April 2018 Czech Statistical Office: In April 2018, export prices decreased by 0.1% (m-o-m) and they declined 3.9% (y-o-y).
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InvestEU Programme wants to support innovation, growth and jobs in Europe 11.06.2018 InvestEU Programme wants to support innovation, growth and jobs in Europe The European Commission (EK) proposes to create the InvestEU Programme for the next long-term EU budget 2021-2027. The InvestEU Programme will bring together under one roof the multitude of EU financial instruments currently available and expand the successful model of the Investment Plan for...
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External Trade Balance of the Czech Republic – April 2018 11.06.2018 External Trade Balance of the Czech Republic – April 2018 Czech Statistical Office: According to preliminary data in current prices, in April 2018 the external trade balance in goods ended in a surplus of CZK 15.8 bn, which was by CZK 3.8 bn higher (y−o−y).
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GDP of the Czech Republic grew by 0.4 % in the Q1 04.06.2018 GDP of the Czech Republic grew by 0.4 % in the Q1 Czech Statistical Office: According to the refined estimate, the gross domestic product was by 0.4% higher in the Q1 compared to the previous quarter; in the year-on-year comparison it increased by 4.4%. Faster growing investment expenditure supported by continuing growth of household consumption...
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Confidence in Economy Decreased, Consumer Confidence Indicator Increased – May 2018 31.05.2018 Confidence in Economy Decreased, Consumer Confidence Indicator Increased – May 2018 Czech Statistical Office: Overall confidence in economy decreased. The composite confidence indicator (economic sentiment indicator), that is stated by basic indices, decreased by 0.9 points to 99.2, m-o-m. Confidence of entrepreneurs decreased by 1.4 points to 96.2 compared to April. Consumer...
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Czech Investing Company R2G Takes Over First Quality Nonwovens in  the US and China 24.05.2018 Czech Investing Company R2G Takes Over First Quality Nonwovens in the US and China The R2R group has agreed to buy companies producing nonwovens textile First Quality Nonwovens in the US and China. The price is estimated at about 500 million dollars. The transaction is expected to close it in the third quarter of 2018.
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GDP of the Czech Republic in the 1st Quarter of 2018 21.05.2018 GDP of the Czech Republic in the 1st Quarter of 2018 Czech Statistical Office: According to the preliminary estimate, the gross domestic product (GDP) in the 1st Quarter of 2018 increased by 0.5% (quarter-on-quarter), and by 4.5% (year-on-year).
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Czech glassmaking company LASVIT won the prestigious Milano Design Award 09.05.2018 Czech glassmaking company LASVIT won the prestigious Milano Design Award Lasvit is a Czech manufacturer of unique works of glass, including lighting installations and glass artworks. This year Lasvit has outshined more than 1500 exhibitions in Milano and won the prestigious Milano Design Award for 2018.
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