A complex look on the increase of prices
In the past month, the Prague Monitor has informed about a number of individual goods’ price increasing. With this trend continuing in almost all aspects of retail, it is time to offer a more complex look at the current economic situation in the Czech Republic. According to Chief Economist of the Czech Banking Association, Jakub Seidler, “Industrial producer prices accelerated in August, mainly due to rising prices of metal and wood products.” Industrial inflation reached 9.3 percent. That is 1.5 percentage points more than in July, while analysts expected a growth of only 8.6 percent. Thus, industrial and agricultural producer prices rose the fastest in August since 1993. The rise in prices manifested mainly in chemicals, metals, paper, but also
Firefighters across the country paid respects to lost colleagues
The Prague Monitor has recently informed about an explosion of a house in Koryčany. During the blast, one volunteer firefighter died, and another was trapped beneath the rubble. Unfortunately, this public servant also passed away. Such casualties are quite unusual for the volunteer section of the Czech firefighters, as they are usually deployed to less threatening situations than the professionals. Nevertheless, their lifesaving work is also dangerous, as we were reminded by this unexpected explosion. To honour the lives of their dead colleagues, firefighters across Czechia have flown black flags on their stations and held a minute of silence on Sunday. The Koryčany volunteer fire brigade remembered their dead colleagues on Facebook on Friday: “We and the bereaved families are
A complex look on the increase of prices
In the past month, the Prague Monitor has informed about a number of individual goods’ price increasing. With this trend continuing in almost all aspects of retail, it is time to offer a more complex look at the current economic situation in the Czech Republic. According to Chief Economist of the Czech Banking Association, Jakub Seidler, “Industrial producer prices accelerated in August, mainly due to rising prices of metal and wood products.” Industrial inflation reached 9.3 percent. That is 1.5 percentage points more than in July, while analysts expected a growth of only 8.6 percent. Thus, industrial and agricultural producer prices rose the fastest in August since 1993. The rise in prices manifested mainly in chemicals, metals, paper, but also
Everything that you need to know about the Czech Bowl XXVIII
The Czech bowl is back on the roll after such a long break! We are thrilled to invite all American football fans to join us at the match on the 11th of September at Stadión FC Vysočina in Jihlava. Let’s observe what this season has prepared for us! A quick overview of the Czech Bowl XXVIII The first and foremost exciting news is that the Prague Lions will come to the game again after not playing the covid-shortened season in 2020! They are the original American football team performing in the Czech Republic. Looking back at the Czech Bowl in 2019, the Prague Lions were claimed as winners coming into the game with a 5-1 record in the Kitfort Liga,
Prague voted the most beautiful city in the world
In a recently released study performed by the Time Out Magazine, Prague was voted ‘most beautiful city in the world.’ The magazine reportedly surveyed 27,000 people from all over the world on various aspects of life in their city of residence, and Prague won the beauty category. Overall, Prague placed 7th in the search for the best city in the world, behind cities like Manchester, Amsterdam or Copenhagen, which placed best in overall ranking. In Prague, 83% of surveyed citizens recognized Prague as exceptionally beautiful. This metric included architectural beauty of buildings, natural beauty of parks, and breath-taking views within the city. “But it’s not all about the buildings: head to Letná Park for stunning hillside views, or wander along
