Prague tops ranking for highest cost of living in the CEE region
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While the Czech capital was the most expensive in the region, but residents have the highest purchasing power.
Czech mortgage rates increase dramatically as inflation kicks in
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Mortgage rates saw their biggest increase since 2003 as a result of National Bank measures to tackle inflation.
Buyers rush to beat rising mortgage interest rates in Czechia
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As inflation causes significant increases in mortgage interest rates, should you buy now to beat further price rises?
5 surprising things that will get more expensive in Czechia in 2022
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The new year brings with it some surprising price hikes while several consumer items will stay the same, for now.
Czech daily news roundup: Thursday, January 6, 2022
Man arrested over bomb threat at Prague Castle, mortgage holders can claim emergency energy benefit, Investor Index shows returns for Czech funds in 2021.
What changes will affect daily life in the Czech Republic in 2022?
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The new year brings various changes to personal finances, driving regulations, and family laws.
Czech wage growth could entrench inflation
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As the cost of living rises in the Czech Republic, so are wages, potentially creating a long-term economic headache.
How to manage the sale of a Czech property (almost) entirely on your own
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Selling a property without using a real estate agent or lawyer can save you a lot of money, but only if you understand the paperwork involved.
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Leader talks: Horizon CEO Yishay Furman on the future of affordable housing
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As living in the center of Prague becomes ever more expensive, we spoke to one of the capital’s biggest developers about the exodus from the city center.
Czech chocolate, sweets, and snacks to see significant price hike
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Inflation, rising wages and the increasing cost of raw materials are set to dramatically impact the cost of living particularly at the grocery store.
Czech National Bank shocks economists with biggest interest rate hike since 1997
The base rate increased by 0.75 percent to 1.5 percent, due to rising inflation which is outstripping the Central Bank’s expectations.
Czech Republic’s largest brewer raises draft-beer prices for first time in years
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Plzeňský Prazdroj is raising beer prices by 3 percent come October; other Czech brewers expected to follow
Rising rents and globalization are changing the social fabric of Czech cities
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Long-time inhabitants are being displaced by the younger generation and by foreign residents, resulting in an exodus to the suburbs.
Home office is here to stay, and developers are already responding
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Two new developments from Skanska Reality will have dedicated work areas plus green space and services that can be enjoyed without leaving home.
Czech Post price hike for registered mail and money orders goes into effect April 1
Registered and insured letters as well as postal money orders will go up in price slightly to reflect increased costs.
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