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Deloitte Economics Newsletter
DLook Newsletter: 8 - 12 April 2024
Everything you need to know about the economy at home and around the world in 10 minutes of reading.
Macro comment
Consumer prices in March: Defiant rents and service prices
Price developments have moderated. Only rents and service prices are resisting and inflation in their prices is refusing to return to low levels. The consumer price index rose 0.1 percent month-on-month in March, with year-on-year inflation remaining at 2.0 percent.
Macro comment
Unemployment in March: seasonal decline in unemployment
The share of unemployed persons in the 15-64 population fell by 0.1 percentage point to 3.9% in March. This is an increase of 0.2 percentage point year-on-year. There were 289,000 jobseekers registered at the labour offices, 7,000 fewer than in February. After seasonal adjustment, we estimate that the jobless rate stagnated at 3.7%.
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.