The average Czech consumer will have to work 22 days to buy the new iPhone 14
The iPhone Index 2022, a comparison of purchasing power across different countries, highlights how expensive the iPhone really is for global consumers.
7 key questions about Czechia's energy crisis answered
As Putin strangles gas supplies to Europe, we explain why the energy crisis is happening and what the future might hold.
Renewed Czech-Polish cooperation on Stork II pipeline would cut reliance on Russian gas
Czech PM Petr Fiala met with his Polish counterpart Tuesday night to discuss the future of energy security in Central Europe.
Goldman Sachs: Average EU energy bills could reach CZK 12,300 a month
The investment bank says the impact of the current situation in Europe could be more severe than the 1970s oil crisis.
Real income in Czechia drops almost 10 percent due to inflation
The highest average wage is in Prague, at CZK 49,221, and IT remains the best-paid sector; followed by finance.
'Vienna prices with Czech salaries': Expats share how they're handling inflation woes
The majority of Expats.cz readers polled said they are 'very concerned' about the rising cost of living. Here's how they are coping with the price crunch.
Czech ministry launches online calculator for energy subsidy
The government approved measures to help households cope with the rising cost of electricity, gas, and heating.
How Starbucks has changed Czech coffee culture
The world’s largest coffee chain entered the market fourteen years ago and changed the way Czechs drink coffee.
The Czech Republic now has Europe's most expensive electricity
The country edges the United Kingdom in the July 2022 Household Energy Prices Index in the price of electricity expressed through purchasing power parity.
Czech govt. earmarks CZK 177 billion to help households cut costs
The govt. has announced that it will offer households relief on energy bills in the amount of 15,000 CZK; support could begin this year.
Czech families to receive CZK 5,000 benefit per child next week
The one-off benefit will be paid by the Czech government to low- and middle-income families from Aug. 24.
There's now a cheaper, easier way to send and receive packages abroad from Czechia
A Brno-based company is revolutionizing online shipping with lower-cost and faster delivery services, especially to post-Brexit Britain.
These food items are getting more expensive at Czech grocery stores
Butter, cheese, and bread all saw a sharp increase in prices in July due to the rising inflation.
Tell us: How has inflation affected your financial health in Czechia?
While Czechia's inflation rate reached 17.5 percent in July, a sharp increase in prices has been marked by a drop in household consumption.
Wage growth slows in Czechia, but these sectors still command high salaries
Wages in Prague and Bohemia remain the highest in the country, but the most growth in wages was in low paying jobs.
Czechs support for a universal basic income among the lowest in the EU
A petition to urge the European Union to establish mandatory basic income garnered less than a third of the signatures it needed.
Moody's downgrades Czech economic outlook from stable to negative
The investor service has affirmed the country's current credit rating while highlighting dependence on Russian oil as a key factor in the negative outlook.
