Money loses its value. If you have a million saved in your account, you will lose 150,000 in five years with three percent inflation and a quarter of a million in 10 years. The old Jewish saying “keep one-third in cash, one-third in gold, and one-third in real estate” still applies. Today, the possibilities are … Read more
According to the notification sent to customers, starting with September, the price of electricity is 0.394 lei / kwh, compared to 0.325 lei / kwh in the contract concluded in 2020, the subscription price being the same, respectively 0.6 lei / day. Although it seems insignificant, being only 7 bani, this price increase for each … Read more
The inflation rate reached 2.8% in June, down 0.1 percentage point from May. However, consumer prices are still high and threaten to rise by the end of the year. “Inflation will accelerate further in the coming months; growth above the level of three percent cannot be ruled out on a temporary basis,” said economist Lukáš … Read more
The electric car giant reports delivery of 201,000 cars in the second quarter. Analysts expected advance delivery of 207,000 cars, according to CNBC. The company also reports on the production of 206,000 cars, of which 204,000 of the Model 3 and Y models, which are considered to be some of the company’s more “affordable” models. … Read more
According to economists, Czechs saved four times more during the pandemic than twenty years ago. But some of these savings will quickly disappear from their pockets. Foodstuffs While the pandemic has pushed prices down, the outlook for next year is not too rosy. Prices will again climb to their original value. “Cereals and oilseeds are … Read more
The opening of outdoor restaurant facilities has been a big topic in recent days. The government eventually relinquished the need to prove itself in the covid test to sit in the garden, but customers will pay extra in pubs. The operators of restaurants and catering establishments finally have reason to rejoice, after many months they … Read more
The Czech Post has been changing the prices of some services since April. An overview of the changes published on its website. For the classic recommended writing, instead of the original 47 crowns, we will pay five crowns more. In the case of a priority shipment, it will be increased to 59 crowns. – And … Read more
From next year, Czechs will have to dig deeper into their wallets. Some households will pay up to several hundred more for water than this year. People are disappointed – most argue that even the current price of water is not low. Others are not sure where the extra money will come from. From January … Read more
The Czechs will now pay an average of 27.77 crowns per liter of Natural 95, and the diesel will then cost 27.08 crowns. Fuel is the cheapest since mid-July, but this is set to change in the near future. “Fuel prices can be expected to stagnate in the Czech Republic next week. The stagnation will … Read more
Despite the health crisis and the significant drop in the volume of transactions, property prices, smoothed over the year, continue to increase significantly. As for the rents, they are “resisting”. It remains to be seen whether this trend will continue in the face of an economically and socially turbulent fall. Analysis. – Now is the … Read more