Podcasts Other Radio Prague International - Topic «Business» "Market is down by about 5, 10 or even 20 percent": Flat prices falling in Czechia

"Market is down by about 5, 10 or even 20 percent": Flat prices falling in Czechia

Published: Feb. 14, 2023, 12:10 p.m.

Flat prices went down for the first time since 2013 in Czechia in the last quarter of 2022, according to the index of Hypote\u010dn\xed banka, a daughter company of \u010cSOB bank. The index suggests that the cost of an average flat fell by 0.7 percent in quarter-to-quarter terms. However, real price decline may actually be far higher than the statistics indicate.