Czechs living in rented homes spend more than homeowners, according to a study by the Partners consulting agency, presented on Wednesday. On average, Czechs renting a home pay 1800 crowns a month more than those who own their home. At the same time, flats are rented mostly by people with lower income.
Plant-based “meat” is gaining popularity the world over and it is not just vegetarians who are jumping on the bandwagon. Chicken strips, patties, burgers or sausages made from plant substitutes are now widely available in the Czech Republic and despite the high price many are willing to give them a try.
The number of investments concluded by CzechInvest dropped significantly last year. The government agency for attracting investments helped to secure over 80 investment projects worth 36.7 billion crowns, company representatives announced on Monday. That is a drop by two fifths on the previous year, when investments, both foreign and local, amounted to 63 billion crowns.
The vast majority of Czech consumers, some 97 percent, want tougher quality parameters on foodstuffs sold in the country, according to a June survey whose results were made public by the Czech Consumer Association on Tuesday. More than nine out of ten respondents also said that they wouldn’t mind if the tougher rules resulted in restrictions on cheap food imports.
Trust in the Czech economy experienced a slight increase in August according to the results of a monthly survey conducted by the Czech Statistics Office released on Monday. The rise is particularly thanks to greater optimism in the trade and services sectors. However, industry trust remains at a six year low and consumer trust has decreased.
The total debt of Czech sat the end of June reached 2.38 trillion crowns, an increase of 6.7 percent in annual terms, according to the Banking and Non-Banking Client Information Register. At the same time, the amount of non-performing loans fell by 5.5 billion crowns to 31.4 billion crowns. The number of people who had difficulty repaying consumer loans fell by 61,000 to 215,000 year-on-year.
Car maker Škoda Auto has received over 1,600 orders for its new crossover named Kamiq even before the start of sales at the beginning of September, according to company head Luboš Vlček. With its third SUV and first urban crossover, Škoda will be in competition with Dacia Duster, Peugeot 2008 or Renault Captur.
Czech Republic opens up to more tourists from Europe and beyond as coronavirus travel restrictions eased
Brno scientists pair with Czech biotech firm to develop healing artificial tears
Czech nation pays tribute to Milada Horáková on 70th anniversary of her judicial murder
Facemask requirement eased but new restrictions for area hit by spike in Covid-19 cases
Traditional tourist sites open to visitors after long break