Average Wage Down By 9.8% In Real Terms In The Czech Republic
Workers in the Czech Republic will be able to buy one-tenth less with the same wages than one year ago. Credit: Freepik. Brno, 5 Sept. (BD) - In the second…
Škoda’s Profits Drop By One Third In First Six Months of 2022
The decrease in revenues is blamed on rising production costs and reduced availability of raw materials, as well as the Russian invasion of Ukraine. Photo credit: Freepik Czech Republic, 15…
One Quarter of Czech Women Considering Leaving The Labour Market
Such an exodus of women from the productive workforce would significantly weaken the Czech labour market. Credit: Freepik. Brno, Aug. 8 (BD) - Two years of pandemic have changed the…
Eurozone Inflation Continues To Rise, With Energy Prices Up 39.7% Year-On-Year
Eurozone annual inflation is expected to be around , according to Eurostat, the European Union's statistical office. Photo credit: Freepik. Czech Republic, 9 Aug. (BD) - Eurozone annual inflation is…
Inflation: Basic Necessities and Consumer Goods Increase 15% Year-On-Year In The Czech Republic
Consumer prices increased by in May 2022 from the previous month, according to the Czech Statistical Office (CZSO). The increase was mainly driven by higher prices for food, non-alcoholic beverages…
CzechInvest Marks CZK 30 Billion of Investment From French Companies Since 1992
The Czech Republic is an attractive market for French foreign investors. Since its creation in 1992, the CzechInvest agency, part of the Czech Ministry of Industry and Trade, has been…
Meat Production In Decline In The Czech Republic, While Milk Production Is Increasing
According to the Czech Statistical Office (CZSO), meat production in the Czech Republic fell in the first quarter by year-on-year. The decline was seen mostly in beef, less so in…
Operators Waive Charges As Calls Between Czech Republic and Ukraine Increase by 900%
Solidarity with Ukraine has brought domestic operators together. They have jointly decided that people will be able to make calls to the Russian-invaded state for free, in response to data…
The Number Of Foreign Employees Is Rising Again: Foreigners In The Czech Republic Generate About $4 Billion A Year
Despite the pandemic and fears of higher turnover of foreign employees, companies are actively seeking and recruiting foreign workers. The number of foreign employees in the corporate, customer and IT…
Fuel Prices In The Czech Republic Rise To Highest Level Since Late November 2021
A litre of the best-selling petrol, Natural 95, is currently selling at Czech petrol stations for an average of CZK , which is CZK more than one week ago. Meanwhile,…