Cost of living continues to climb in Czechia as inflation remains high
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Households in Czechia will feel the effects of unrelenting inflation mostly at the supermarket and in utilities costs.
EXPLAINED: What's driving Czechia's economic downturn?
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A mix of factors – from inflation to low household consumption – underpin Czechia’s concerningly deteriorating economy.
Sixty percent of Czech employers plan to raise wages next year
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Amid decelerating inflation, this should mark the first increase in real wages since the middle of 2021.
PM Fiala bets on US chip center to restart Czech economy
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Following a visit to Rožnov pod Radhoštěm today, Prime Minister Petr Fiala said Czechia has significant chances to become a European chip center.
A team of IT experts in Prague is redefining the future of banking
Commerzbank’s Digital Technology Center in Prague demonstrates the importance of innovative technology to modern banking.
Czech VAT changes in brief: Which goods and services will be cheaper in 2024?
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While many products will become more expensive with the country's new value-added-tax changes from next year, some items will see a tax reduction.
EXPLAINER: Why talks on Czech austerity have been dragging on for months
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Politicians have been grappling with the controversial bill for months. But what exactly does it entail, and how did we get here?
Housing unavailability and student demand drive up rent prices across Czechia
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Compared to spring, rent prices across saw changes ranging from a 4-percent decrease to a 17-percent increase, depending on apartment type.
Leader Talks: ABSL's Joe Appleton on how business services are powering the Czech economy
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ABSL’s conference this November in Brno will celebrate the organization’s tenth birthday and highlight the sector’s contribution to Czech economic success.
Three major Czech breweries announce price hops: Pub goers will feel it from next year
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Due to an increase in production prices, beer lovers can expect to pay more for a pint.
Pernod Ricard considering sale of iconic Czech spirit Becherovka
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The French spirits maker is looking to streamline its portfolio, Bloomberg reported on Thursday.
Czechia’s premier English-language TEDx event to discuss ‘Keys to the Future’
On Oct. 21, TEDxUNYP will bring together innovative thinkers to start conversations and spark great ideas.
Prague conference brings together smartest investors in Czech startup sphere
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Scheduled to take place in late October, the Engaged Investments conference gives people a chance to learn from the most seasoned Czech startup funders.
Czech drivers queue for cheap fuel at pumps near the Polish border
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While gasoline prices have traditionally been lower in Poland than in the Czech Republic, the current gap has widened significantly.
Energy prices set to rise after state cancels subsidies: How much more will you pay?
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As part of the 2024 budget, the state has decided to remove the previously set price ceiling on electricity and gas, as well as remove other allowances.
iPhone Index: Czechs have to work nearly three weeks to buy newest model
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Without spending on anything else, the average Czech needs two-and-half weeks of net wages to buy Apple's new iPhone 15 Pro.
Czechia's vast lithium deposits could recharge the economy, says PM
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Prime Minister Petr Fiala deemed the metal essential for the economic restart of Czechia, which holds the largest lithium deposits in Europe.
