During its Alza Dny sale, Czech online retailer Alza mistakenly slashed prices on a range of products, including electronics, by up to 80% — pushing some items below cost price. As soon as the company spotted the glitch, it cancelled the or
The price gap for fuel between neighbouring petrol stations in Czechia can reach as much as six crowns per litre — and this isn't a case of comparing opposite ends of the country, but sometimes stations in the very same town. That's the pic
The Czech government is considering a reform of public-sector pay that would tie the tariff wages of hospital orderlies, cleaners, teachers, police officers and civil servants to the country's minimum wage. This was reported by the Ministry
Fuel prices in Czechia have fallen noticeably amid a drop in global oil prices. The cheapest petrol right now can be found in the Ústí nad Labem Region, where a litre costs on average CZK 41.01. The cheapest diesel is in the Pardubice Regio
The International Energy Agency (IEA) has sharply downgraded its forecast for the global oil market: global demand is now expected to fall by 1.6 million barrels per day this year — 510,000 barrels worse than the previous estimate. The reas
Czech online stores are facing a growing number of uncollected cash-on-delivery orders and have started raising the fee for this payment method to discourage customers from using it. This was confirmed by representatives of several major on
The European Commission has paid out 897 million euros (roughly CZK 21.4 billion) to Czechia as part of the sixth tranche from the Recovery and Resilience Facility (RRF), the EU fund set up to help member states' economies recover from the
The Czech government led by Andrej Babiš is considering raising pensions well beyond the level required by law. Under the current indexation mechanism, pensions should increase by roughly 300 crowns a month on average — but Labour and Socia
Czech companies are falling behind their American and Asian competitors in adopting new technologies and artificial intelligence, held back by "technological debt" and a level of comfort that saps their motivation to change. That's accordin
At the end of June, the Czech government approved a decree requiring that by the end of 2028, state and municipal institutions spend at least 65% of their food procurement budgets exclusively on domestic and regional products. The rule appl
Prices for petrol and diesel at Czech filling stations are set to drop by at least CZK 1.50 per litre over the next two weeks. That's according to Finlord analyst Boris Tomčak, who noted that wholesale prices for both types of fuel have fal
The average interest rate on mortgage loans in Czechia rose by a tenth of a percentage point in early August, reaching 5.42%. That's the highest level in two years, marking the fifth consecutive month of increases, according to the Swiss Li