All analysis from category Macro comment
Macro comment
PMI in December: end of the year with negative sentiment
For the nineteenth month in a row, business conditions in December were below the neutral value of 50 points indicating a decline in business activity.
Macro comment
CNB: The era of stable rates is coming to an end
The CNB Bank Board has decided to cut interest rates by 25 basis points. The main two-week repo rate will fall to 6.75 per cent.
Macro comment
Inflation in November: inflation on a downward trajectory
Consumer prices rose by 0.1% m/m in November. Year-on-year consumer price growth slowed to 7.3% from 8.5% in October. However, had it not been for the austerity tariff, which reduced the price level on a one-off basis last year and thus lowered the comparative base for this year, annual growth would have been 4.7% in November.
Macro comment
Unemployment in November: slight drop in vacancies again
The share of unemployed in the 15-64 population stagnated at 3.5% in November, the same level as in November 2022. 263 000 jobseekers were registered at the labour offices, 3 000 more than in October. Seasonally adjusted, we estimate that the jobless rate was flat at 3.7%.
Macro comment
Industry in October: decline in new orders continues
Industrial production showed growth again in October after four months.
