Economics

Latest data on the domestic economy, from gross domestic product to unemployment and inflation
Gross domestic product (annual values, % yoy)
2.2 % yoy
2025
Consumer price inflation (inflation) (annual values, % yoy)
2.5 % yoy
2025
Industrial production (annual values, % yoy)
0.9 % yoy
2025
Gross domestic product development
2.2 % yoy
Q1 / 2025
Wage dynamics
6.7 % yoy nominal
Q1 / 2025
Monthly consumer price inflation (inflation)
2.4 % yoy total
May 2025
Post-Covid recovery of economic activity (3mma index against January-February 2020)
1.5 %yoy (01-2025)
April 2025
Unemployment (%)
4.36 % (05-2025)
May 2025
Confidence indicators indices, long-term average = 100
4.6 % yoy
May 2025
Comments
Highest unemployment in eight years does not dampen hawkish core inflation due to solid economic growth titulní obrázek
Real wage growth slightly below 4% in Q1, driven by non-market sector titulní obrázek
May's return of inflation to higher 2.4% growth amid strong wage growth will lure the hawkish voice at the CNB titulní obrázek
Stronger GDP growth in Q1 does not bring a disinflationary break titulní obrázek
May confidence in the economy: despite all the setbacks, we're moving on titulní obrázek
Core inflation did not contribute to the April inflation slowdown titulní obrázek
Strong March economic data spoils weaker industrial payrolls and gives way to surprising growth structure titulní obrázek
Cautious CNB interest rate cut to 3.5% titulní obrázek
Significant slowdown in April consumer inflation to 1.8% yoy, but still strong core inflation growth titulní obrázek
Three highlights in the weaker GDP growth of half a percent titulní obrázek
Worse April sentiment does not bring immediate relief for the CNB titulní obrázek
Consumer prices maintained annual growth at 2.7% in March despite softer core inflation titulní obrázek
Unemployment continued to rise in March titulní obrázek
Solid February industrial growth but slowing wage growth titulní obrázek
Trump's Reciprocal Tariffs, vol. II: Will Trump's reciprocal tariffs maths affect the EU's response? titulní obrázek
March inflation at 2.7% brings another cold shower for doves titulní obrázek
Trump's reciprocal tariffs: 20% on Czech, EU exports and 25% tariffs on cars, iron and aluminium titulní obrázek
CNB interest rate remained at 3.75% with hawkish commentary titulní obrázek
Stronger March sentiment in line with expected consumption-driven economic growth titulní obrázek
Consumer prices growth slowed only slightly to 2.7% due to strong core inflation titulní obrázek
Wages maintained a strong 1.7% quarter-on-quarter pace at the end of last year titulní obrázek
Inflation slowed to 2.7 percent in February titulní obrázek
Inflation slowed to 2.8 percent in January titulní obrázek
Inflation fell below 3 percent in January titulní obrázek
Czech economy grew by one percent last year titulní obrázek
Worse January confidence with still different growth limits across sectors titulní obrázek
December inflation: food prices down and services prices up more moderately titulní obrázek
Cars have cooled the industry and worse sentiment ahead titulní obrázek
Confidence in the economy stagnated in October titulní obrázek
August retail sales above expectations due to revisions to older data, but slight improvement is evident titulní obrázek
Industry above expectations in August due to the impact of the holidays, stagnated during the summer titulní obrázek
Confidence in the economy rose across the board in September titulní obrázek
Inflation remained at 2.2 percent in August titulní obrázek
Unemployment stagnated in August titulní obrázek
Wage growth in Q2 remained below expectations titulní obrázek
Economy grew by 0.6 percent year-on-year in Q2 titulní obrázek
Confidence in the economy fell in August, households for 4th month in a row titulní obrázek
Industrial producer prices accelerated in July titulní obrázek
Inflation rose slightly in July titulní obrázek
Czech industry remains in recession titulní obrázek
Retail sales rose above expectations in June titulní obrázek
Economic growth accelerated to 0.3 percent in Q2 titulní obrázek
July confidence fell for both households and businesses titulní obrázek
Price growth in services accelerated again in June titulní obrázek
Inflation fell to 2 percent in June titulní obrázek
Unemployment stagnated in June titulní obrázek
Industry fell by 3.2 percent year-on-year in May titulní obrázek
Producer prices fell above expectations in May titulní obrázek
Inflation slowed to 2.6 percent in May titulní obrázek
Unemployment fell to 3.6 percent in May titulní obrázek
Industry slightly down year-on-year in April titulní obrázek
Retail sales slowed in April, but still doing well titulní obrázek
Wages grew by 7 percent in Q1, above expectations titulní obrázek
Economy grew by 0.2 percent in Q1, statisticians downgrade estimate titulní obrázek
Confidence in the economy fell slightly in May titulní obrázek
April producer prices calmed fears of accelerating inflation titulní obrázek
Inflation accelerated markedly to 2.9 percent in April titulní obrázek
Unemployment fell to 3.7 percent in April titulní obrázek
Retail sales rose significantly in March titulní obrázek
Industry fell by 2.7% yoy in March titulní obrázek
The economy grew in Q1, according to the CZSO estimate titulní obrázek
Inflation remained at 2% in March titulní obrázek
Unemployment fell below 4 percent in March titulní obrázek
Czech industry grew by 0.7 percent in February titulní obrázek
Confidence in the economy rose across the board in March titulní obrázek
Producer prices are generally falling, while prices of services are rising titulní obrázek
Inflation fell to 2% in February, lowest since 2018 titulní obrázek
Confidence in the economy fell in February titulní obrázek
Czech industry declined by 0.4% last year titulní obrázek
Czech economy contracted by 0.4 percent last year titulní obrázek
Confidence in the economy fell in January titulní obrázek
Producer prices fell in December, foreshadowing further food price cuts titulní obrázek
Inflation slowed to 6.9% in December titulní obrázek
Unemployment rises to 3.7 % in December titulní obrázek
Industry fell in November titulní obrázek
Producer prices mostly rose in November, but decline continues in agriculture titulní obrázek