Brno Gets Thumbs-Up from Major Credit Rating Agency
Moody’s credit rating agency has just released details of its latest periodic review of the City of Brno and confirmed the appropriateness of its Aa3 rating. This is important for…
Latest Figures Show No Increase in Deaths, So Was the Lockdown Necessary?
The government has claimed credit for successfully controlling the spread of coronavirus and this claim has been backed up in articles in the international press such as the Washington Post…
Industrial Production in May Worse Than Expected
May’s industrial production figures showed factories slowly getting back to normal operation with a increase on the previous month. The scale of the task is, however, revealed by a year-on-year…
Is the Economy Past the Worst Or Is the Worst Still to Come?
Businesses are opening up again but many are still relying on government support to survive or at the very least keep unneeded workers on the payroll. On some measures 1…
Women Still Earn Over 20% Less Than Men In The Czech Republic
The gender pay gap in the Czech Republic remains over 20% and is one of the highest in the EU. There is a similar picture in South Moravia. Men’s wages…
Czechs Are Older, Avoid Marriage, Drink a Lot More Mineral Water and a Little Less Beer Than 30 Years Ago
In both 1989 and 2019 the population of the Czech Republic stood at around ten and a half million, 10,362,000 and 10,694,000 respectively. Although this only represents growth of just…
GDP Forecast To Fall 11% Or 3.1% This Year. It Depends Who You Ask.
A survey of 13 top economic institutions conducted by the Ministry of Finance shows the economy is expected to rebound next year with a growth forecast for 2021 of This…
Food Prices Rising and It Is Not Just Down to Coronavirus
Previously staple foods like peppers and pork have seen double digit price increases and are in danger of becoming discretionary purchases. Consumers have noticed other significant increases. It is easy…
Report Shows How Much Confidence in the Economy Has Crashed
Figures just issued by the Czech Statistical Office (CSO) show that the combined consumer and business confidence in the economy index fell by points to The figure for Business dropped…
Businesses Continue To Struggle Despite Government Claims Of Offering Help
Many businesses are failing to benefit from government help. The government has made some grand sounding announcements about the help available to businesses, but many don’t benefit. According to a…