The Czech Republic's drive towards sustainable transportation has led to a spike in electric vehicle (EV) demand among businesses.
The Czech Republic's service sector continues to expand steadily.
The goal is to enhance AI utilisation across business, education, and public services, with a focus on development up to 2030.
Automakers in the Czech Republic produced 774,310 cars, a year-on-year increase of 4.9 percent.
The Czech Republic's foreign trade ended in a surplus of 13.6 billion CZK in May, up 4.4 billion CZK year-on-year.
Production returns to pre-covid levels.
U.S. Manufacturer's Massive Investment in Czechia
GDP is expected to grow by 1.1%, average inflation to reach 2.7%.
The European Investment Fund has already invested money in 17 Czech funds. It is now opening a billion-dollar fund with Tensor Ventures.
Consumer prices in the European Union rose by 2.6 percent year-on-year in April, leaving inflation at the March level. In the Czech Republic, however, inflation rose from 2.2 percent to 3.1 percent.
Brno hosts a key trade fair on the topic of Smart Cities.