All analysis from category Macro comment
Macro comment
GDP in Q2: stable domestic demand
In a quarter-on-quarter comparison, preliminary estimates show that GDP grew for the seventh consecutive quarter in Q2. The situation is greatly helped by the stable positive contribution of household consumption, while foreign demand remains uncertain.
Macro comment
Unemployment in June: Stagnation with Uncertainty Ahead
June typically brings a strong onset of seasonal jobs, especially in tourism and hospitality.
Macro comment
Foreign trade in May: Solid growth in exports and imports
The favourable development of exports and imports is confirmed by the continued growth in domestic demand and the improving economic situation abroad. Year-on-year, exports increased by 2.0 per cent, while imports rose by 1.5 per cent. However, May had one less working day than last year. On a calendar-adjusted basis, the figures are much more favourable, 6.6 per cent and 5.3 per cent respectively.
Macro comment
Industry in May: stable growth despite external problems
Industrial production grew year-on-year for the fourth consecutive month in May, and despite all the problems, mainly of an external nature, the situation in industry remains stable.
Macro comment
Consumer prices in June: Temporary increase in inflation
Inflation has been relatively low recently, but it has fluctuated considerably. It fell below 2 per cent in April but is now close to 3 per cent. Consumer prices increased by 0.3 per cent month-on-month in June and rose by 2.9 per cent year-on-year.