The dream of homeownership continues to slip away from Czech citizens as property prices surge once again. According to recent Eurostat data, Czech real estate prices have become among the fastest-growing in the European Union, with a 2.4% increase in the last quarter alone.
Persistent inflation in Czech services and food sectors delays interest rate cuts, keeping mortgages expensive and housing less affordable.
Czech government continues to stress strong participation by local companies
České Radiokomunikace, Czech provider of television, radio and internet infrastructure, is applying for inclusion in the European AI gigafactory project.
The Czech market anticipates a surge in investments and acquisitions fueled by post-pandemic recovery. Key sectors such as technology and real estate are set to attract investors seeking growth and stability amid evolving market conditions.
The Czech construction sector grew by 8.2% year-on-year in January 2025, continuing its recovery. While challenges remain in the housing sector, stable wages and infrastructure projects make the market attractive for foreign investors.
Czech companies are looking for ways to expand their activities on the Brazilian market, and their participation in trade fairs in São Paulo in the first days of August undoubtedly confirms this trend.
Architect Jiřičná’s biggest construction project set for Prague.
The European Commission ’s latest forecast reveals a slight downturn in expectations for both the current and upcoming year.
Czech breweries exported the most beer in their history last year. The brewers definitely continued their pre-Christmas growth, sending 5.74 million hectolitres of frothy beverage abroad by November 2024. The largest markets are Slovakia, Germany and Poland, followed by Russia - despite the decline in business activity due to the war in Ukraine.