Tag: Economy
Turkey’s central bank raised interest rates significantly, signaling a reversal of...
Turkey's central bank today raised its key interest rate by 6.5 percentage points to 15 percent. It signalled a shift to more traditional economic...
US inflation rate falls to 4.0 percent in May, lowest in...
The inflation rate in the United States fell to four percent in May and is the lowest in more than two years. This was...
Losers and Winners of the Post-pandemic Health Care Industry
The post-pandemic era has shaken the pharmaceutical sector. APME in its health care industry investments study 2023 concluded that companies, which did not rely...
Škoda Auto has started pre-series production of the second generation Kodiaq...
Second generation
Škoda Auto has started pre-series production of the second generation Kodiaq SUV at its Kvasiny plant in the Rychnov region. It will invest...
Euro strengthens, ECB chief says further monetary tightening will be needed
The euro strengthened on the foreign exchange markets today, recovering from a two-month low. This was helped by a statement from European Central Bank...
Wienerberger’s profit after tax rises 68.9 pct to CZK 1.32 billion
Wienerberger, the largest producer of baked bricks and roof tiles in the Czech Republic, had revenues from the sale of products, services and goods...
Economic performance in the quarter was slightly weaker than expected by...
The performance of the Czech economy in the first quarter was weaker than expected by the Czech National Bank (CNB). Household consumption, investment and...
US Dollar rises on stats and hopes of debt ceiling deal
The US Dollar continues to rise today, hitting a new seven-week high. A series of upbeat economic data has further reduced bets on an...
Eurozone business activity growth at 11-month high in April
Business activity growth in the euro area unexpectedly picked up in April. The services sector saw a further increase in already strong demand, more...
VW, BMW, Nissan, Hyundai and Volvo electric cars to lose tax...
Electric cars from Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo will lose a $7,500 (around CZK 160,800) tax credit in the United States after...
