All analysis from category Macro comment
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.
Macro comment
PMI in September: demand stagnation continues
Business conditions were below the neutral value of 50 points in September for the 16th month in a row, indicating a decline in business activity.
Macro comment
Consumer prices in August: More expensive fuel
Inflation is pretty closely matching expectations that it will fall, but at an increasingly gradual pace. In August, consumer prices rose 0.2 per cent month-on-month, while annual inflation slowed from 8.8 per cent to 8.5 per cent.
