Following a couple of difficult years, the Czech economy began to recover during 2014 and this rebound has strengthened into 2015. With the rate of unemployment falling, the feel-good factor is returning – consumers are taking out more mortgages, purchasing more new cars and booking more foreign holidays. Meanwhile, Internet retailing is booming as smartphones become increasingly ubiquitous. However, with fertility rates low and life expectancy rising, the population is steadily ageing.
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