Czech food prices seen approaching EU level fastest
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PRAGUE- Czech food, alcohol and tobacco prices will approach the level of the EU the fastest, Patria Online chief economist David Marek said.
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PRAGUE- The minimum wage in the Czech Republic will grow from 6,700 to 7,185 crowns a month in January, Deputy Prime Minister and Labour and Social Affairs Minister Zdenek Skromach (senior government Social ...
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The European Union said Wednesday it was looking forward to including Florida oranges and other U.S. products in its system of protecting traditional regional foods following a World Trade Organization ruling on the issue.
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U.S. consumers will see higher grocery bills this year thanks to a surge in wholesale corn prices, pushed higher by an ethanol fuel boom, that will be passed on by food manufacturers, the industry said on Wednesday.
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A long awaited Commission report on Wednesday will say the country has a - oefunctioning market economy - , a benchmark set by the EU for membership.
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US producer prices shot up 1.7 percent last month, the biggest gain in nearly 15 years and well above expectations, as energy costs skyrocketed and food prices surged, a government report showed on Tuesday.
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Internet Mall (IM) (Czech Republic), group of Internet shops, reached proceeds of CEK 1.16 bil in 2006. The rival Kasa.cz (Czech Republic) reached proceeds of CEK 721 mil in total in 2006 and it expects a sale raise to about CEK 1 bil in 2007.
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People looking for that next chocolate fix might find it a little bit more expensive Thursday after Hershey Food Corp. said it will raise wholesale prices to offset higher raw material and other production costs.
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The pound breaches $2 - close to record highs - in early trade in Europe as investors price in an interest rate rise in July.
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The European Central Bank is expected to raise its interest rates by a quarter of a percentage point to 3.75%.
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PRAGUE- The Czech Retail Inspection Office COI had seized faked goods worth a record Kc800m at markets in the Czech Republic in Jan-Nov this year, COI head Jiri Pekny said.
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Inflation in Germany, the eurozone's biggest economy, looked set to pick up this month as a result of a renewed surge in high oil prices, key regional data showed.
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PRAGUE- The Czech crown closed at Kc30.07 to the euro today after a lively session during which it hit Kc30.15 and then Kc30.04, Komercni banka dealers said.
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The European single currency was close to a record high near 1.38 dollars on Friday, and hit another historic peak against the yen, as dealers awaited fresh US data.
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Consumers face a jump in meat prices as farmers pass on the cost of surging animal feed prices, a report warns.
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Grocery shoppers probably have noticed that food and beverage prices are higher in general this year and up sharply for some products. You can blame corn.
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Consumer prices rose by a slightly bigger-than-expected 0.2 percent in June on higher food costs and they were up by the same amount after stripping out volatile food and energy prices, the Labor Department reported on Wednesday.