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Czech Economy News. Service for global professionals. Constantly updated news and information about Czech.
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Latest Czech Economy News

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  • Recently released market study: Czech Republic Insurance Report Q4 2009 13 Dec 2009 00:36 GMT
    ... and the downward revision of our eurozone growth forecast, we have revised down our Czech GDP growth forecast for 2009. We now expect the economy to contract by 2.1% in real terms this year, with a recovery to only ...

  • INSTANT VIEW 3-Czech Oct retail sales fall,industry down 7.2 pct 14 Dec 2009 09:35 GMT
    ... PRAGUE, Dec 14 (Reuters) - Czech retail sales fell by 4.7 percent year-on-year ... side of household consumption in the Czech economy (and one may say that the potential ... the result of the previous slowdown in inflation (and a one off) drop in 'For ...

  • UPDATE 3-Czech c.bank delivers surprise quarter-point rate cut 16 Dec 2009 16:16 GMT
    ... Mlcochova PRAGUE, Dec 16 (Reuters) - The Czech central bank surprised markets on Wednesday by ... the last month and a pick-up in inflation. 'Today's decision is a bit surprising when ... forint. Analysts believe the highly open Czech economy has passed the worst in the crisis ...

  • REFILE UPDATE 3-Czech c.bank delivers surprise rate cut 16 Dec 2009 16:35 GMT
    ... Mlcochova PRAGUE, Dec 16 (Reuters) - The Czech central bank surprised markets on Wednesday by ... the last month and a pick-up in inflation. 'Today's decision is a bit surprising when ... forint. Analysts believe the highly open Czech economy has passed the worst in the crisis ...

  • UPDATE 2-Czech c.bank delivers surprise quarter-point rate cut 16 Dec 2009 13:45 GMT
    ... PRAGUE, Dec 16 (Reuters) - The Czech central bank surprised markets on Wednesday with ... the last month and a pick-up in inflation. 'Today's decision is a bit surprising when ... Sporitelna. Analysts believe the highly open Czech economy has probably passed the worst but they ...

  • Over 43% of Czech firms expect better economic conditions 16 Dec 2009 08:48 GMT
    ... Over 43% of Czech firms expect better economic conditions Prague, Dec ... of the improved development of the world economy on the Czech Republic as well as the ... stood at 16 percent. Companies' outlook for employment remains rather negative. More than 43 percent ...

  • UPDATE 1-Czech c.bank delivers surprise quarter-point rate cut 16 Dec 2009 12:48 GMT
    ... PRAGUE, Dec 16 (Reuters) - The Czech central bank surprised markets on Wednesday with ... now most likely. 'The development of the economy and the outlook including inflation favoured lower rates,' said Petr Dufek, analyst ...

  • Czech Central Bank Lowers Key Policy Rate Unexpectedly 16 Dec 2009 13:49 GMT
    ... Czech Central Bank Lowers Key Policy Rate Unexpectedly ... interest rate unchanged in November. The Czech economy expanded further in the third quarter. The ... third quarter. The gross domestic product or GDP increased 0.8% sequentially, faster than the 0.3% ...

  • Czech central bank cuts interest rates to 1% 16 Dec 2009 12:20 GMT
    ... FRANKFURT (MarketWatch) -- The Czech central bank lowered its benchmark two-week repo ... some time, fearing that deflation rather than inflation is the biggest risk facing the Czech economy," said analysts at RBC Capital Markets in ...

  • Czech current account shows CZK 12.4bn surplus in Oct 14 Dec 2009 08:11 GMT
    ... Czech current account shows CZK 12.4bn surplus in ... of low economic activity in the Czech economy," Vejmelek said. The income balance posted a deficit ...

  • Recently released market study: Away-from-home Disposable Paper Products in the Czech Republic 19 Dec 2009 14:52 GMT
    ... recommends "Away-from-home Disposable Paper Products in the Czech Republic" from Euromonitor International, now available Euromonitor ... Currency Acceptance Key Trends and Developments Czech Economy Development and Financial Crisis Changing Consumption Pattern Towards ...

  • Czech central bank cuts key interest rate to 1 pct 16 Dec 2009 13:16 GMT
    ... (AP) - PRAGUE - The Czech Republic's central bank has cut its key ... on Wednesday, aimed at helping the struggling economy, came as something of a surprise, even though ...

  • INDICATORS - Czech Republic - Dec 14 14 Dec 2009 07:34 GMT
    ... rate 1.50 pct 0.50 pct 2.50 pct CZECH Q3 GDP (pct) Q/Q YR/YR Real change 0.8 (0.8) ... the third quarter in nominal terms. CONSUMER INFLATION 11/09 10/09 11/08 pct change month/month 0.2 ...

  • INDICATORS - Czech Republic - Dec 15 15 Dec 2009 07:34 GMT
    ... rate 1.50 pct 0.50 pct 2.50 pct CZECH Q3 GDP (pct) Q/Q YR/YR Real change 0.8 (0.8) ... the third quarter in nominal terms. CONSUMER INFLATION 11/09 10/09 11/08 pct change month/month 0.2 ...

  • INDICATORS - Czech Republic - Dec 16 16 Dec 2009 07:36 GMT
    ... rate 1.50 pct 0.50 pct 2.50 pct CZECH Q3 GDP (pct) Q/Q YR/YR Real change 0.8 (0.8) ... the third quarter in nominal terms. CONSUMER INFLATION 11/09 10/09 11/08 pct change month/month 0.2 ...


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Markets

Exchange Rates: Czech Koruna
USD 1 = CZK 18.3500
EUR 1 = CZK 26.3104

Closing Stocks:
Prague PX: 1,108.60(-0.81%)

Country Info About Czech

Visit the World Factbook for detailed information about Czech.
 

This Day in History

Dec. 21

Czech Republic became member of OECD.
What year was it?

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