All analysis from category Macro comment
Macro comment
Foreign trade in March: Slight improvement in exports and imports
Demand abroad and at home may be reviving, but it is not a sprint. Foreign trade transaction volumes clearly demonstrate this. Exports are up 6.0 per cent year-on-year, while imports are up 8.8 per cent. However, March had one more working day than last year. The trade surplus reached CZK 32.5 billion, which is CZK 8 billion less than in March last year.
Macro comment
Industry in March: continued growth despite uncertainties
Industrial production grew in March in annual comparison for the second month in a row and it seems that the US trade war has not yet disturbed the development in the Czech Republic.
Macro comment
Consumer Prices in April: Tamed Inflation
It has not been a long time since inflation fell below the CNB's inflation target. The last time it started at number one was exactly seven years ago in April 2018. This April, consumer prices decreased by 0.1 percent month-on-month and year-on-year inflation fell to 1.8 percent.
Macro comment
PMI in April: uncertainty due to trade war
The business conditions index was below the neutral value of 50 points in April for the thirty-fifth month in a row, indicating a decline in business activity.
Macro comment
GDP in Q1: Cautious recovery
After a series of negative shocks between 2020 and 2023, a gradual recovery in economic growth came last year. At the beginning of this year, the positive trend continues. GDP increased by 0.5 per cent in Q1 compared with the previous quarter and rose by 2.0 per cent year-on-year.
