All analysis from category Macro comment
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.
Macro comment
Industry in April: pace of decline slows
Industrial production in April showed a year-on-year decline for the second month in a row, but the rate of decline is gradually slowing down.
Macro comment
Retail sales in April: strong growth in non-food goods
Retail sales rose for the fifth month in a row in April on a year-on-year basis and, thanks to rising real household incomes, consumption is likely to continue to grow.
Macro comment
Wages in Q1 2024: Real improvement after two years
Inflation had been depressing the real value of wages in the Czech economy for more than two years. In the first quarter of this year, wage growth finally outpaced price increases
Macro comment
State budget from January to May: monthly deficit of CZK 57 billion in May
In the first five months of this year, the central government ran a deficit of CZK 210.4 billion. Last year in the same period, the budget was in deficit of CZK 271 billion. The twelve-month deficit currently stands at CZK 228 billion.
