The Confederation of Industry of the Czech Republic forecasts 2.7% GDP growth in 2025 but warns of persistent challenges like high energy costs, labor shortages, and the need for innovation.
In August 2024, the unemployment rate in the Czech Republic remained stable at 3.8%, with a slight increase in the number of registered job seekers and available vacancies.
The annual inflation rate in the Czech Republic decreased to 2.6% in May 2024 from 2.9% in April, falling short of the anticipated 2.8%.
The increase in confidence in the Czech economy signals a nascent revival. Analysts attribute this to successful vaccinations and easing restrictions. However, caution remains due to lingering uncerta...
CNB: February inflation hits two percent target, driven by rising food, energy, and service prices. Bank maintains stable interest rates to balance economic stimulus with price stability.
Zbrojovka STV recently supplied explosives for Operation "Robert Devil," showcasing its crucial role in security operations. Additionally, the company's significant investment initiative, amounting to...