Overview of the latest economic events in the Czech Republic

House prices in the Czech Republic recorded one of the highest annual increases in the European Union. This trend is due to limited supply, rising demand and increasing construction costs.

The volume of newly granted mortgages exceeded CZK 27 billion in April 2025, indicating a recovery of the mortgage market. This trend is supported by falling interest rates and increased demand for home ownership.

Foreign investments and acquisitions

Real estate investment in the Czech Republic reached almost EUR 1.5 billion in the first quarter of 2025, a record high. This increase is attributed to increased investor interest in stable assets at a time of global economic uncertainty.

Czechoslovak Group (CSG) has entered into a definitive agreement to acquire the sports products division of US company Vista Outdoor for $1.91 billion. The acquisition, which is pending regulatory approval, marks CSG's expansion into the global defence and sporting goods markets.

Significant events outside the Czech Republic with global impact

South Korea's central bank hinted at the possibility of cutting interest rates in May in response to economic risks stemming from US tariffs. The current base rate is 2.75 %, but is expected to be cut to 2.25 % by the third quarter. These measures are intended to support the economy in the face of global uncertainties.

Source about precious metals and Bitcoin: tradingeconomics.com

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