All analysis from category Macro comment
Macro comment
Unemployment in October: decline due to seasonal factors
Unemployment tends to fall in October, and this year is no different. The share of unemployed in the 15-64 population fell by 0.1 percentage point month-on-month to 3.8 per cent in October.
Macro comment
Retail sales growth accelerates in September
Retail sales had risen for the tenth month in a row in September on a year-on-year basis and were expected to continue rising thanks to rising real household incomes.
Macro comment
Foreign trade in September: growth in car exports and the impact of cheaper oil
Despite slow economic growth in Western Europe, exports from the Czech Republic are thriving. Year-on-year, the volume of exported goods increased by 8.1 per cent in September. Imports, which rose by 5.6 per cent, reflect a recovery in domestic demand. The foreign trade surplus reached CZK 21.3 billion in September, compared with CZK 11.5 billion in the same month last year.
Macro comment
Industry in September: weak demand from abroad
Industrial production in September showed year-on-year growth for the second month in a row, but the growth rate is slowing down.
Macro comment
PMI in October: easing of the manufacturing slump
Business conditions were below the neutral value of 50 points in October for the twenty-ninth month in a row, indicating a decline in business activity.
