All analysis from category Macro comment
Macro comment
PMI in June: continued decline in manufacturing
Business conditions were below the neutral value of 50 points in June for the twenty-fifth month in a row, indicating a decline in business activity.
Macro comment
CNB: Continuation of rapid monetary easing
This time it was more of a toss-up. Since the last interest rate change, two options for the next course of action have been considered in the financial markets and in the communications of the board members: slowing down and cutting interest rates by 25 basis points and continuing the pace of cuts by 50 basis points. The second option was preferred.
Macro comment
Consumer prices in May: The end of petrol price rises
Since the beginning of the year, petrol and diesel have continued to rise in price. This trend finally stopped in May, which also affected headline inflation. The consumer price index stagnated month-on-month in May. Year-on-year inflation slowed to 2.6 per cent.
Macro comment
Unemployment in May: calm in the labour market
The share of unemployed in the 15-64 population fell by 0.1 percentage point to 3.6% in May. This is an increase of 0.1 percentage point year-on-year. There were 274,000 jobseekers registered at the labour offices, 6,000 fewer than in April.
Macro comment
Foreign trade in April: automotive industry pulls foreign trade
The balance of foreign trade ended in a surplus of CZK 33.1 billion in April. This is a year-on-year improvement by a very respectable CZK 24.1 billion.
