The congress industry of Prague generates income to public budgets reaching between CZK 4.4bn and CZK 5.2bn per year in multiplication.
In the past year, Czech people spent 3.7 % more on food products than they did in the previous period.
As at December 31, 2016, the insurance sector and the sector of pension funds in the Czech Republic were sufficiently equipped with capital. It was able to absorb relatively significant changes in risk factors.
The volume of the shared economy in the Czech Republic could reach 0.51%-1.19% of GDP, i.e. CZK 25.7bn – CZK 59.9bn.
Economy continued to grow at a solid pace in Q3 2017, having added 5% y/y. Czech Banking Association’s (ČBA) chief economist Eva Zamrazilová has stated that the growth is spread across the entire economy.
Export could total CZK 4.15 trillion as of the end of 2017, deputy chairman of the Association of Exporters (AE), Otto Daněk, has stated at the Export Forum in Mladé Buky.
Prague Municipal Council has approved the municipal budget for 2018. Income is foreseen at CZK 54.1bn and spending at CZK 70.3bn.
The development of the total balance of the current account of the balance of payments is driven by Czech koruna’s appreciation, which is increasing the advantageousness of goods and service imports, BHS’ chief economist Štěpán Křeček has commented on data from the Czech National Bank.
The raising of interest rates supports the financial stability target, according to the Czech National Bank.
In October 2017 consumer prices in the Czech Republic grew 2.9 % y/y. This is the highest y/y increase in prices since October 2012.