The outflow of corporate profits from the Czech Republic to foreign countries will decrease as a result of rapid wage increases in the national economy.
The value of transactions with energy deliveries for end users at the Czech-Moravian Commodity Exchange in Kladno (ČMKBK) in 9M 2018 grew 20.4% to 5.319 million MWh.
Industrial production grew 1.9% y/y in real numbers in August 2018. Compared to the previous month, it was 0.7% higher.
The economic situation is creating room for faster approximation of interest rates to the neutral level and raising rates by 50 basic points at the session on September 26, 2018, would not have been a mistake.
Between January and September 2018, new car registrations grew 1.11% y/y to 207,784, 78% of them were company cars and 28% were private cars.
Czech people needed 10.9 average annual salaries for a new apartment of 70 m2 in the year 2017, in the year 2018 it was already 11.3 salaries.
The average interest rate for new loans to non-financial companies fell to 2.81% in August 2018.
The Energy Regulation Bureau (ERÚ) has issued a price decision regarding supported sources of energy (POZE).
On September 26, 2018, the Czech government approved a draft amendment to the act on investment incentives.
The Czech Republic is the most popular destination for the outsourcing of IT services among Central and Eastern European (CEE) countries.