Flooding likely to affect Czech GDP, inflation rate
Extreme flooding in Czechia is likely to affect on the country’s economy, with ING calculating that the overall flood damage will have a negative effect of 0.5%.
Czech Republic
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Household spending driving the Czech economy, says ING
Recent retail sales data from Czechia indicates that household spending is driving the Czech economy, according to analysts at ING.
Draught beer set for VAT increase in Czech Republic
The VAT rate on draught beer is set to increase from 10% to 21% in the Czech Republic on 1 January.