Meetings with heads of CzechTrade offices take place in Prague at the end of June

Czech exporters have possibility to meet diplomats from Ministry of Foreign Affairs as well.

Mission BEAUTY EURASIA 2025

Last hurdle for team Korea has been cleared, signing of the nuclear deal is near

Appeal against a South Korean bid to build two nuclear reactors in Dukovany (Czech Republic) has been rejected. KHNP remains a winner.

CzechoSlovak Group Ranked Among Top 100 Global Arms Producers

Czechoslovak Group (CSG) has secured 89th place in SIPRI's global ranking, with 2023 revenues surging 25% to $1.2 billion, fueled by EU exports and Ukraine-related defense contracts

Czech Economy Posts Strongest Growth in Nearly Three Years in Q1 2025

The Czech economy expanded by 2.4 % year-on-year in the first quarter of 2025, marking its fastest growth rate since mid-2022, according to revised data released by the Czech Statistical Office (ČSÚ).

Czech Republic Leads EU in Food Price Reductions

In June, the Czech Republic witnessed the largest annual decrease in food prices across the European Union, with a significant drop of 4.8%. Data released by the Czech Statistical Office suggests that this trend may not continue for much longer. While food prices could still fall depending on the harvest, the extent of the reductions is expected to diminish.

Prague University of Economics ranked 16th worldwide in Masters in Management Program

Faculty of Business Administration of the University of Economics in Prague has one of the world’s most successful Masters in Management Programs according to Financial Times yearly ranking.

Czech Supreme Court Clears Way for Dukovany Nuclear Contract

The Czech Supreme Court has lifted a legal block, allowing the €18 billion Dukovany nuclear reactor deal with South Korea’s KHNP to proceed.

Czech Economic Growth Beats Forecasts

Czech GDP rose 2.2% year-on-year in Q1 2025, outperforming the central bank’s forecast of 2.1%, driven by resilient investments and exports. However, the Czech National Bank warns that looming U.S. tariffs could undermine future growth, especially in trade-sensitive sectors.

Upflation: The New Trend Hitting Consumers' Wallets

Consumer goods manufacturers are introducing new personal care products with high price tags in a trend known as "upflation." Unlike shrinkflation, upflation involves creating niche products and marketing them at premium prices. This trend is seen as a strategy to recoup revenue lost as consumers cut back on spending due to inflation. Notable examples include high-priced total body deodorants and specialized razors for intimate areas.