- Economy is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on!

Analysts: Position of manufacturing segment improves

The position of the Czech manufacturing segment remains strong and still improves. This was stated by ING Bank’s head economist Jakub Seidler in relation to PMI data provided by Markit/HSBC. According to Raiffeisenbank’s analyst Daniela Miluèká, the index improved thanks to acceleration in new orders, a growth in the manufacturing production, and a higher number of employees. According to Komercní banka’s head economist Jan Vejmìlek, the Czech industrial production increased by 4.6% in 2015. He predicts a growth by 5.6% in 2016. The segment is helped by a stable foreign demand, a growing domestic demand, low-volatile exchange-rate environment, and cheap crude oil.



Sign up for Prague’s hottest newsletters to stay up to date and know what’s going on in town! Prague Daily Monitor: Prague’s # 1 source for Czech news in English… delivered straight to your inbox daily. Sign up for free nowPrague.TV – Living Like a Local: 2x a week, our newsletter keeps you up to date with the HOTTEST and BEST news for Prague's Expats and English Language community. Exclusive price draws & Special partner offers for registered members. Sign up for free now!


Exchange rates
Upcoming Events