An increase in nominal wages, a strong Czech crown and low food prices are among the contributing factors. Prepared by Thomas Deutscher For the 5th year in a row, the Czech Republic is likely to see an increase in real wage growth, thanks in part to a relatively low inflation rate. According to a December
The Czech National Bank expects the slowdown of the strengthening of the Czech crown to continue until 2019. The latest inflation report released by the Czech National Bank (CNB) also forecasts a rise in prices, which could lead to an increase in interest rates. Image source: Pixabay Prepared by Berk Büyükbalcı According to the report,
“Most of the downside risks for the Czech economy are associated with tightness in the labour market,” reads the spring economic forecast of the European Commission. Prepared by Berk Büyükbalcı The International Monetary Fund (IMF) announced the revision of its economic growth predictions for the Czech Republic in April. The IMF has announced a more positive
