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Confidence in the Czech economy has risen again and is the highest in almost three years
3/27/2025| /ae/news/confidence-in-the-czech-economy-has-risen-again-and-is-the-highest-in-almost-three-years79%Confidence in the Czech economy rose again in March, up 1.7 points from February to 99.5 points. It is thus the highest in almost three years and was last higher in May 2022.
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Czech Economy Grows 2.2% in Q1 2025
6/2/2025| /rs/novosti/czech-economy-grows-2-2-in-q1-202579%The increase was driven mainly by household spending, rising inventories and government consuption.
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Czech Economy Set for Moderate Growth and Stable Labor Market in 2025, Finance Ministry Says
1/31/2025| /il/news/czech-economy-set-for-moderate-growth-and-stable-labor-market-in-2025,-finance-ministry-says79%The Czech Ministry of Finance's latest macroeconomic forecast anticipates a 2.3% GDP increase in 2025, supported by stronger household consumption and investments. Inflation is projected to decline slightly to 2.3%, while the unemployment rate is expected to remain low amid persistent labor shortages. Public finances are improving, with the government deficit and debt both under control. The forecast points to a steady recovery and balanced economic development for the Czech Republic.
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Czech Economy Achieved 1% Growth in 2024
4/2/2025| /gb-ni/news/czech-economy-achieved-1-growth-in-202479%The Czech economy grew by 1% in 2024, driven primarily by household consumption, despite challenges such as weak investment activity and declining external demand. Analysts expect economic growth to accelerate to around 2% in 2025, with household spending and potential investment recovery as key drivers.
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Confederation of Industry of the Czech Republic Forecasts Economic Growth Acceleration to 2.7% in 2025
11/22/2024| /us/news/confederation-of-industry-of-the-czech-republic-forecasts-economic-growth-acceleration-to-2-7-in-2079%Economic growth in the Czech Republic is expected to accelerate from 1.2% this year to 2.7% in 2025, driven by consumption and investments despite challenges like high energy prices and labor shortages.
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Czech Economy Grew by 1% Last Year
1/31/2025| /hr/novosti/czech-economy-grew-by-1-last-year78%The Czech Republic's gross domestic product (GDP) last year was exactly 1% higher than in 2023, according to a preliminary estimate by the Czech Statistical Office.
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Shadow Economy Claims 14% of Czech GDP
11/22/2024| /lt/news/shadow-economy-claims-14-of-czech-gdp78%Manufacture and construction industry are main contributors to the shadow economy in the Czech Republic.
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Dukovany contract, largest in history of state, goes to South Korea’s KHNP
7/17/2024| /kr/news/dukovany-contract,-largest-in-history-of-state,-goes-to-south-korea’s-khnp78%The decision is expected to bring about a wave of positive developments in mutual exchange
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Czech National Bank Cuts Interest Rates to Boost Economy
11/12/2024| /jp/news/czech-national-bank-cuts-interest-rates-to-boost-economy78%In a move to stimulate economic growth, the Czech National Bank (CNB) has reduced its key interest rate by a quarter percentage point to 4%, marking the lowest level since February 2022.
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Dukovany contract, largest in history of state, goes to South Korea’s KHNP
7/18/2024| /jp/news/dukovany-contract,-largest-in-history-of-state,-goes-to-south-korea’s-khnp78%The Czech government has decided to award a contract to build two new nuclear units at the Dukovany power station to the South Korean company KHNP.
