Czechs are getting richer on common once more. Wages are rising sooner than inflation this 12 months | Presently.cz

Czechs are getting richer on common once more.  Wages are rising sooner than inflation this 12 months |  Presently.cz

The typical wage within the Czech Republic grew sooner than shopper costs within the first quarter. In actual fact, wages have returned to progress after greater than two years, analysts agree. Nonetheless, they identified that the buying energy of households continues to be behind the extent earlier than the covid-19 pandemic. The Czech Statistical Workplace … Read more

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

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

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

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