Housing is by far the largest area of household expenditure across the EU, followed by Transport and ‘Food and non-alcoholic beverages’, according to figures from Eurostat, the European statistical office, released this December. Photo: Prague, August 2020 / KB. This text was edited for Jobspin. Czech Rep., Dec 12 (JS) – In 2019, households in
Eurostat figures show the EU average for inflation in August was 0.4%, whereas the Czech inflation was 3.4%. It has been above the EU average since January 2019 and the gap has been steadily widening since then. Analysts, however, expect inflation to fall below 3% next year due to the economic fallout from coronavirus. Photo:
Czechs leave their parental homes younger than the EU average. Statistics show a higher percentage of Czechs are leaving home each year, and that Czech women tend to move out earlier than men. Title graphics by Eurostat. Article prepared by Kim Bingel edited for Jobspin Czechs Leave Home Younger Than The European Average Czech Rep.,
With the new proposal, the current minimum wage would increase by 17%, from CZK 14,600 to CZK 17,100. The increase would benefit around 140,000 people. The proposed change would come into effect from 2022, according to the Ministry’s plans, but still has to go through consultation and debate. Title photo: Pixabay. Text prepared by Tessa
The Czech Republic is one out of two countries in the European Union that recorded a high increase in both rental and house prices. Rents in the country have increased by 80% in the past 13 years, recording the second biggest increase in the EU, and house prices saw a 70% rise – the fourth
This week, the Czech Ministry of Finance has proposed a package of tax changes for 2021, including an alternative scheme to the popular job benefit “stravenky” (food vouchers). Title image: stock photo / Pixabay. Czechia, May 29 (JS) – The Ministry of Finance has announced a proposed alternative to the “stravenky” scheme, which sees many
Inflation continues to surge; rising by 3.6% in January. Pushed upwards by the price of food and rents as well as recent changes in taxation. It is not expected to fall back until early 2021. Photo credit: Freepik / For illustrative purposes. Author: Charles du Park Czech Rep., Feb 17 (JS) – Inflation in January
According to the data recently published by the Czech Statistical Office (CZSO), the GDP per inhabitant in South Moravia was the second highest among the Czech regions in 2018. Prague has over double the GDP of any other region in the Czech Republic. The Czech capital received the seventh place among the richest regions of
The Association of Credit for Central and Eastern Europe’s 8th annual conference returns to Brno for the first time since 2014 yet again attracting Shared Service Centres to attend. Photo by ACCEE. By ACCEE Brno, Czech Rep., Sep 11 (JS) – Aimed at Shared Services, more than 40 different international companies will be attending from
According to a 2018 World Bank report analyzing intergenerational educational and economic mobility, the American dream, a possibility to move upward from a lower social class or economic level to a higher one is more easily attainable in other high-income countries than in the US. The World Bank ranked Czech Republic the 12th country in
