All analysis from category Macro comment
Macro comment
Foreign trade August: again in slight deficit
The balance of foreign trade ended in a deficit of CZK 3.8 billion in August after a deficit of CZK 7.2 billion in July. Even so, this is a year-on-year improvement of CZK 25.4 billion.
Macro comment
Unemployment in September: slight increase in unemployment
The share of unemployed in the 15-64 population stagnated at 3.6% in September. It is 0.2 percentage point higher year-on-year. 263 thousand jobseekers were registered at the labour offices, 2 thousand more than in August. Seasonally adjusted, we estimate that the jobless rate rose by 0.1 percentage point to 3.7%.
Macro comment
Industry in August: decline in production continues
Industrial production fell for the second month in a row in August, with a decline in production recorded in most sectors and a major turnaround unlikely before the end of the year.
Macro comment
Retail sales accelerated in August
Retail sales fell for the sixteenth month in a row in August on a year-on-year basis, and the pace of decline deepened further compared with the previous month.
Macro comment
September budget: good collection of corporate income tax
In January-September, the central government ran a deficit of CZK 181 billion. In September alone, the budget was in surplus by almost CZK 14 billion. The twelve-month balance fell to CZK 270 billion.
