Food Prices in the Czech Republic Slowly Calm Down, But Experts Warn of Ongoing Challenges

Food Prices in the Czech Republic Slowly Calm Down, But Experts Warn of Ongoing Challenges

The situation in the Czech Republic is slowly starting to calm down and food is gradually becoming cheaper. And further development in the following year also looks favorable, according to experts. However, they drew attention to a major problem facing the republic. A number of people often still feel dizzy when looking at their shopping … Read more

Mamataxi Phenomenon: How Children Go to School and Who Drives Them – Czech Statistical Office Data

Mamataxi Phenomenon: How Children Go to School and Who Drives Them – Czech Statistical Office Data

How do today’s children go to school? And how many of them are driven directly to school by their parents? The Data Snack show explored the phenomenon of so-called mama taxis. The data of the Czech Statistical Office come from the last census. 1:05 How do today’s children go to school? | Video: Michal Janko … Read more

Price Competition and Challenges in the Construction Industry

Price Competition and Challenges in the Construction Industry

The situation mainly concerns those companies whose business is linked to the construction of apartments and offices. The price fight for contracts is confirmed by the developers themselves: “Right now we are selling apartments in the Výhledy Barrandov II project, which is a contract worth several hundred million crowns. In the tender that we put … Read more

Crisis in Czech Construction Industry: Decline in New Projects and Demand for Apartments Due to High Interest Rates

“In April, construction production accelerated its year-on-year decline and was lower by 6.4 percent. Both of its segments contributed to this decline,” said Radek Matějka, director of the Department of Agriculture and Forestry, Industry, Construction and Energy Statistics of the CZSO. Some developers have been suspending some of their projects since last year. The reason … Read more

Breakthrough year for workers: real wages fell by more than 7 percent due to inflation

The average wage in the Czech Republic increased by 7.9 percent year-on-year to 43,412 crowns in the fourth quarter of last year. However, after accounting for inflation, which reached 15.7 percent in the same period, wages decreased by 6.7 percent in real terms. It thus fell for the fifth quarter in a row, by 7.5 … Read more

Czechs now prefer expensive purchases. Retailers’ sales have fallen for the seventh month in a row

People are buying less and less. They are limiting their spending more significantly than during the pandemic, when many shops were closed or access to them was difficult. November retail sales fell for the seventh month in a row, according to statistics data. The Czechs mostly dampened food purchases, on the contrary, sales of cosmetic … Read more

Czechs end shopping. Retail revenue fell for the 3rd consecutive month

The Czechs just purchased far more medications and health-related materials, other items are overdue. Also save on meals. Income plummeted in 2019. The year-on-calendar year decrease in retail income accelerated in July and 7.2 for each cent from 6.9 percent in June. This is due to decrease gross sales of fuel, non-food stuff and meals … Read more

The common income for the second quarter reached 40,086 crowns, but the genuine wage is still slipping – ČT24 – Czech Television

In the to start with quarter of this yr, the typical wage increased calendar year over calendar year immediately after the revision by 7.3 p.c to 37,969 crowns. Following which include inflation, earnings fell by 3.5 % in true phrases. In the second quarter of last year, the average wage greater by 10.1 percent and … Read more

Inflation is the highest in the last 24 years, the most expensive petrol and diesel prices – ČT24 – Česká televize

“Consumer prices rose by 12.7 percent compared to March last year. We recorded the most significant acceleration in price growth for fuels, which were half as expensive in March as a year ago. For example, Natural 95 was sold at petrol stations for an average of about 44.50 and diesel for 47 crowns per liter, … Read more

Prices rose by almost 13 percent. Butter and petrol rose the most

Updated 10:38 11. 4. 2022, 09:46 – – The Czech Statistical Office (CSO) published new data on rising inflation in the Czech Republic on Monday. Record inflation does not slow down and adds wrinkles on the forehead to both consumers and economists. The rise in prices may soon be the highest since 1993. Compared to … Read more