Exports seen topping 4.0 trillion crowns in 2016

Czech exports this year are set to rise by 3.0 percent and top the 4.0 trillion crown market for the first time, according to the vice-president of the Association of Exporters, Otto Daněk. He said the figure should be surpassed in spite of the chronic lack of workers in some sectors. Around 160,000 workers are needed with 90% of the vacancies in the manufacturing sector. Czech exports have been helped by the long term low crown policy of the Czech National Bank.

Author: Chris Johnstone