The latest data released by the Czech Statistical Office on Tuesday, 10 August 2021, showed that consumer prices rose by 3.4 percent year on year in July. This was 0.6 percentage points more than in June. The Czech National Bank (CNB) had originally estimated inflation at around 3 percent. The latest developments also surprised some economists and analysts, although inflation had been expected to rise further in the coming months. How will inflation develop from here? What should you watch out for, and why is monitoring inflation important for you too?
In the first quarter of 2021, the average gross monthly wage rose to CZK 35,285, so with inflation at 3.4%, you will theoretically be able to afford to spend roughly CZK 1,200 less per month than before.
The biggest increase has been in the prices of cars, which are in short supply due to shortages of production materials and the shutdown of some operations during the coronavirus pandemic. As a result, used cars are also more expensive. On average, car prices have therefore risen by 5.4 percent. Fuel and oil prices have risen by as much as 18.5 percent.
Food, beverages and housing also continued to become more expensive in July. Vegetables and potatoes saw the largest price increases. Even beer rose in price by 6.9 percent and tobacco products by 8.4 percent. Compared with the previous items, meat rose only slightly in price, by 1.4 percent. As a result of the closures, restaurants and cafés are also becoming more expensive, by an average of 4.4 percent. Rents for flats rose by 2.5 percent compared with July last year. This can easily be explained by the renewed influx of tourists seeking short-term accommodation. At the same time, water supply and sewerage charges increased by 5.5 percent. Electricity, by contrast, fell in price by 3.4 percent.
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20. 2. 2026
5 warning signs that an investment is not safe20. 2. 2026
RONDA INVEST IN NUMBERSYield
The return represents the amount of money you get for the capital invested. It indicates the difference between the final value of the investment and the capital employed.
p.a. means per annum, i.e. yield calculated on an annual basis.
Example:
You invest CZK 10,000 with a return of 10% p.a. We will pay you the income in a proportional amount every month, you will get a total of CZK 1,000 in income per year.
Maturity
The maturity date indicates the binding date by which the loan will be repaid and when your investment ends.
After this date, we will send the original invested amount to your account along with the last return.
Min. investment
The minimum investment indicates the lowest possible amount that can be invested in the project.
LTV
LTV = Loan to Value
(translated as “loan to value”)
LTV indicates the ratio of the property’s value to the loan’s value. The lower the LTV, the higher the collateral.
LTV calculation = loan amount / estimated market price × 100
Svitávka (Blansko District)
Yield
The return represents the amount of money you get for the capital invested. It indicates the difference between the final value of the investment and the capital employed.
p.a. means per annum, i.e. yield calculated on an annual basis.
Example:
You invest CZK 10,000 with a return of 10% p.a. We will pay you the income in a proportional amount every month, you will get a total of CZK 1,000 in income per year.
Maturity
The maturity date indicates the binding date by which the loan will be repaid and when your investment ends.
After this date, we will send the original invested amount to your account along with the last return.
Min. investment
The minimum investment indicates the lowest possible amount that can be invested in the project.
LTV
LTV = Loan to Value
(translated as “loan to value”)
LTV indicates the ratio of the property’s value to the loan’s value. The lower the LTV, the higher the collateral.
LTV calculation = loan amount / estimated market price × 100
Štěnovice (south of Plzeň)
Yield
The return represents the amount of money you get for the capital invested. It indicates the difference between the final value of the investment and the capital employed.
p.a. means per annum, i.e. yield calculated on an annual basis.
Example:
You invest CZK 10,000 with a return of 10% p.a. We will pay you the income in a proportional amount every month, you will get a total of CZK 1,000 in income per year.
Maturity
The maturity date indicates the binding date by which the loan will be repaid and when your investment ends.
After this date, we will send the original invested amount to your account along with the last return.
Min. investment
The minimum investment indicates the lowest possible amount that can be invested in the project.
LTV
LTV = Loan to Value
(translated as “loan to value”)
LTV indicates the ratio of the property’s value to the loan’s value. The lower the LTV, the higher the collateral.
LTV calculation = loan amount / estimated market price × 100
Steti near Litomerice
The calculator calculation is based on a model example of a one-time repayment loan investment (full principal repayment at the end of the loan term). Returns are paid to investors monthly, and the calculator does not consider reinvestment. The actual performance of the investment may differ from the model example. It represents gross yield, subject to taxation. At RONDA INVEST, there are no entry fees or regular fees.