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Deloitte Economics Newsletter

DLook Newsletter: 15 - 19 April 2024

Everything you need to know about the economy at home and around the world in 10 minutes of reading.

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%.

Macro comment

Foreign trade in February: growth in car exports

The balance of foreign trade ended in a surplus of CZK 34.6 billion in February. This is a year-on-year improvement by a very respectable CZK 19.7 billion. Exports grew sharply in February, by 10.2% year-on-year. Imports did not keep pace with the 4.9% year-on-year rate. The year-on-year advantage of one working day compared to February 2023 also did its part. On a seasonally adjusted basis, exports rose by 8.6% month-on-month and imports by 4.4%.