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Deloitte Economics Newsletter
DLook Newsletter: 28 October - 1 November 2024
Everything you need to know about the economy at home and around the world in 10 minutes of reading.
Macro comment
PMI in October: easing of the manufacturing slump
Business conditions were below the neutral value of 50 points in October for the twenty-ninth month in a row, indicating a decline in business activity.
Macro comment
Q3 GDP: Slowly moving forward
After a series of negative shocks faded, the economy returned to growth. However, this is still very slow and does not allow a return to faster wage growth and improving living standards. GDP increased by 0.3 per cent in the third quarter of this year compared to the previous quarter, with the annual growth rate accelerating to 1.3 per cent.
Data and predictions
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Comments and analysis segmented according to the IMF methodology
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Economic forecasts are the output of the Deloitte macroeconomic model. It is a semi-structural macroeconomic model that models all the important linkages in a small open economy. The model is made up of several interrelated blocks - national accounts, real economy, prices, monetary and financial sector, external sector and government sector. The model respects the macroeconomic identities in the economy. The primary economy modelled is the Czech economy. The forecast of external developments is taken from the International Monetary Fund. The model is continuously updated and further developed.