Czech wage growth could entrench inflation
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As the cost of living rises in the Czech Republic, so are wages, potentially creating a long-term economic headache.
Job opportunities to flood the Czech market after the new year
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A new survey suggests ripe opportunities with employers looking to hire, not fire, in the first quarter of 2022.
Czech weekend news roundup: December 11–12, 2021
Large protests held in Prague against anti-Covid measures, National Bank member warns of higher inflation, Peace Light of Bethlehem reaches Czech Republic.
Czech inflation bites, and experts think it’s even worse than feared
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The latest official data shows inflation still rising in the Czech Republic, prompting fears of hard times ahead.
New analysis reveals risks and rewards of Czech euro adoption
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The benefits of swapping the crown for the euro have long been disputed by economists, and the Czech National Bank appears equally torn on the question.
Czech wage jumps, with average Prague salary surpassing CZK 45,500
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Average Czech wage up 5.7 percent in the third quarter, but some sectors lag behind inflation.
Living standards in the Czech Republic now better than in Spain or Portugal
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The purchasing power parity of the Czech Republic has hit new heights, surpassing a number of western EU countries.
Plummet in Czech unemployment leaves businesses struggling to find workers
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The Czech labor market might be showing the first signs of recovery, but employers are still faced with a serious lack of workers.
Monthly minimum wage to rise by CZK 1,000 next year
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The outgoing Czech cabinet has confirmed a rise in the legal minimum wage starting in January 2022.
Czech mortgage rates set to soar after historic interest rate hike
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The Czech National Bank has delivered another shock with an interest rate hike of 1.25 percent, the biggest in 24 years.
Pandemic resurgence threatens first shoots of economic recovery
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New data from the Czech Statistical Office shows the economy strengthened in Q3 this year.
Czech your cybersecurity: One in eight employees watch porn at the office
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A new survey has shown that a significant proportion of Czech employees are in the habit of watching adult content on their work devices.
Czech Republic shoots for the future with investments in innovation
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Expenditures on research and development in the Czech Republic hit record levels last year.
Rising costs for public transport could hit commuters’ wallets hard
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Rising energy prices leave transport companies with no pain-free options and the general public are likely to bear the brunt.
As Prague faces billions in tourism losses, industry leaders warn of economic fallout
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With government compensation programs coming to an end this summer, the Czech Tourism Union says an economic crisis is looming.
Czech chocolate, sweets, and snacks to see significant price hike
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Inflation, rising wages and the increasing cost of raw materials are set to dramatically impact the cost of living particularly at the grocery store.
Every third employee in the Czech gaming industry is from abroad
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With 182 games currently in development in the Czech Republic, companies are seeking out local talent due to higher-than-predicted growth.
