All analysis from category Macro comment
Macro comment
November budget: monthly deficit of CZK 58 billion
In January-November, the central government ran a deficit of CZK 269 billion. In November alone, the budget was in deficit by CZK 58 billion. The twelve-month balance fell to CZK -292 billion.
Macro comment
PMI in November: easing of the manufacturing slump
For the eighteenth month in a row, business conditions in November were below the neutral value of 50 points indicating a decline in business activity.
Macro comment
Consumer prices in October: Technical re-inflation
Although nothing extraordinary happened, year-on-year inflation rose again. This is because last year's electricity price savings tariff comes into play. The consumer price index rose 0.1 per cent month-on-month in October, with year-on-year inflation rising from 6.9 per cent to 8.5 per cent.
Macro comment
Unemployment in October: decline due to seasonal factors
Unemployment tends to fall in October, and this year is no different.
Macro comment
Retail sales in September: pace of sales decline accelerates
Retail sales fell for the seventeenth month in a row year-on-year in September, and the pace of decline deepened for the third month in a row.
