All analysis from category Macro comment
Macro comment
PMI in August: pace of decline in manufacturing slows
Business conditions were below the neutral value of 50 points in August for the twenty-seventh month in a row, indicating a decline in business activity.
Macro comment
Consumer prices in July: increase in recreation prices
Inflation measured by the consumer price index has been within the CNB's tolerance band throughout this year, and this was also the case in July.
Macro comment
Unemployment in July: labour market situation worsens slightly
The share of unemployed in the 15-64 population rose by 0.2 percentage point to 3.8% in July. This is an increase of 0.2 percentage points year-on-year. 283 000 jobseekers were registered at the labour offices, 10 000 more than in June. Seasonally adjusted, we estimate that the jobless rate stagnated at 3.8%.
Macro comment
Foreign trade in June: foreign trade in good shape despite weak industry
The trade balance is doing well this year. This was no different in June. The balance of foreign trade ended in a surplus of CZK 29.3 billion, which was CZK 11.2 billion higher year-on-year. Exports fell by 4.2% year-on-year and imports by 7.3%, mainly due to the year-on-year disadvantage of two working days.
Macro comment
Industry in June: decline in the automotive industry
Industrial production in June showed a year-on-year decline for the fourth month in a row, and the rate of decline is accelerating further.
