PRAGUE - The Czech economy entered the end of January marked by stable growth, adjustments in energy prices and continued interest of foreign investors in Czech assets. Domestic and foreign data also suggest that 2026 will be marked by cautious optimism but also increased sensitivity to global financial and geopolitical impulses.
Overview of the latest economic events in the Czech Republic
Energy company CEZ has discounted fixed energy prices for new customers from today. For gas with a commitment, prices have been reduced by up to 40 percent year-on-year, and for selected electricity tariffs by up to a tenth. Other suppliers are also reacting to the price development, for example E.ON, which launched a fully digital tariff with lower operating costs. At the same time, the Czech Statistical Office published a preliminary estimate of economic growth for last year, according to which the Czech economy grew by 2.5 percent, the fastest pace since 2022. Ministry of Finance of the Czech Republic reported that foreign investors held 25.09 per cent of Czech government bonds worth CZK 870.8 billion at the end of the year, a year-on-year decline in their share. European data showed that the Czech Republic maintained the lowest unemployment rate in the EU at 3.1 percent.
Foreign investment
Foreign capital remains active in the Czech Republic, especially in industry, energy and banking. French bank Société Générale has raised capital Commercial banks CZK 4 billion to expand lending to companies. The US fund BlackRock invested roughly 12 billion crowns to the Group's logistics parks CTP around Brno and Ostrava. AustrianErste Group at the same time bought another 5% stake in Česká spořitelna from smaller shareholders for an estimated CZK 6.8 billion. Japanese Toyota Tsusho announced the investment 3.2 billion crowns to expand the production of components for electric vehicles in Kolín. According to the agency, the total volume of newly announced foreign investments in January CzechInvest over35 billion crowns.
Significant events outside the Czech Republic with global impact
Global markets resonated with the sharp drop in the gold price, which fell below the 5000 USD per troy ounce, which triggered losses in mining companies such as Barrick Gold or Newmont in the billions of dollars in market capitalization. US bank JPMorgan closed the acquisition of fintech company Plaid For 9 billion USD, strengthening its position in digital banking. German Volkswagen invested EUR 5 billion in a joint venture with a Chinese company SAIC to develop cheaper electric vehicles for the European market. The oil giant Saudi Aramco bought 10%'s stake in Indian Reliance Industries For 15 billion USD. European Airbus announced a contract with India's IndiGo for the delivery of 50 aircraft worth approximately EUR 6 billion. These transactions confirm the continuing concentration of capital and the direct impact of global decisions on the European and Czech economies.
Current exchange rates according to the CNB and Google Rates
| Currency | Czech National Bank exchange rate (CZK) | Google Rate (CZK) |
|---|---|---|
| EUR | 24.245 | 24.2542 |
| USD | 20.419 | 20.4423 |
| PLN | 5.751 | 5.7528 |
| HUF | 0.06386 | 0.064 |
| GBP | 27.835 | 27.8416 |
| CHF | 26.521 | 26.5554 |
| CNY | 2.959 | 2.9625 |
| JPY | 0.13289 | 0.1337 |
| RUB | N/A | 0.2647 |




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