All analysis from category Macro comment
Macro comment
Retail sales growth accelerates in September
Retail sales had risen for the tenth month in a row in September on a year-on-year basis and were expected to continue rising thanks to rising real household incomes.
Macro comment
Foreign trade in September: growth in car exports and the impact of cheaper oil
Despite slow economic growth in Western Europe, exports from the Czech Republic are thriving. Year-on-year, the volume of exported goods increased by 8.1 per cent in September. Imports, which rose by 5.6 per cent, reflect a recovery in domestic demand. The foreign trade surplus reached CZK 21.3 billion in September, compared with CZK 11.5 billion in the same month last year.
Macro comment
Industry in September: weak demand from abroad
Industrial production in September showed year-on-year growth for the second month in a row, but the growth rate is slowing down.
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.
