Colliers International today released its Q2 2016 Market Overview for the Czech Republic. The report covers the investment, office, and industrial markets in Prague and throughout the Czech Republic.
Growth in the Slovak economy, which depends heavily on its auto industry, will slow by 0.1 to 0.2 percentage points this year and by up to 0.3 percentage points in 2017 as a result of the UK’s decision to exit the EU, the country’s finance ministry said.
June new-car sales across western Europe rose by 5.7 percent year on year, LMC Automotive said on Wednesday, despite the first contraction in demand in the UK since last October.
The United Kingdom’s stunning decision to abandon the European Union could slash automakers’ profits by billions of dollars and cut new-vehicle sales by nearly a million units over the next three years, top managers warned.
Average wage in the Czech Republic increased by Kc875 year on year to Kc26,287 a month in the second quarter of this year, nominal growth reached 3.4 percent and real growth 2.7 percent, the Czech Statistical Office (CSU) announced this week.
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