The Prague Stock Exchange continued its decline on Thursday, with the PX index falling by 0.52 percent. The volume of mortgages increased year-on-year in June by 32 percent, but the average interest rate rose to 4.79 percent. The Ministry of Finance has announced new maximum prices for fuel, effective from today. An analysis by the TipCars portal shows when used cars lose value most quickly.
The Prague Stock Exchange continued its decline on Thursday. The PX index fell by 0.52 percent to 2581.54 points. This was mainly due to selling pressure on shares of Erste Bank, Moneta Money Bank, and the Colt arms manufacturer. On the other hand, shares of the energy company ČEZ and Komerční banka rose.
Banks and savings banks provided mortgage loans totaling 48.9 billion crowns in June. Compared to June last year, this represents an increase of 32 percent; compared to May, the volume of mortgages decreased by seven percent. New loans without refinancing fell month-on-month by four percent to 36.5 billion crowns. Average interest rates rose to 4.79 percent from 4.67 percent in May. This is according to statistics from the Czech Banking Association (ČBA Hypomonitor).
The Ministry of Finance announced, through the Price Bulletin, new maximum prices for fuel, effective from today, July 17, 2026. The price regulation applies to gasoline with 95 octane and diesel, setting their maximum selling prices at gas stations.
Used cars lose value most quickly between the second and third years of age, when the models studied depreciate by an average of 15.5 percent of their price. After three years of age, the rate of depreciation slows down significantly. This is according to an analysis by the TipCars automotive classifieds portal, which tracks the price development of the best-selling models in the Czech market for used cars.