All analysis from category Macro comment
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.

Macro comment
Consumer prices in September: expensive school, cheap recreation
The end of the holiday season brings two strong price movements, with vacations getting cheaper and school getting more expensive. The Consumer Price Index fell 0.4 percent month-over-month last month, and year-over-year inflation accelerated slightly to 2.6 percent.

Macro comment
Retail sales in August: growth in petrol sales and e-shop sales
Domestic demand remains a key pillar of the economy this year. A moderation in inflation and moderate wage growth are key factors. Retail sales increased by 0.1 per cent in real terms in August compared to the previous month and rose by 5.3 per cent year-on-year.
