All analysis from category Macro comment
Macro comment
Retail in May: growth in most product groups
Retail sales in May grew year-on-year for the eighteenth month in a row. Although there was a slight decline month-on-month, household consumption will continue to be the main pillar of the economy this year.
Macro comment
PMI in June: first improvement in conditions since 2022
In June, the business conditions index rose above the neutral value of 50 points for the first time in three years, indicating growth in economic activity among companies.
Macro comment
Unemployment in May: decrease due to seasonal work
In May, there is typically a higher onset of seasonal work, which leads to a decrease in overall unemployment, and this year was no different.
Macro comment
Industrial production in April: Significant increase in export orders
After last year's stalling, the industry returned to moderate growth this year. The promise of improvement in the months ahead is an increase in export orders. In April, the volume of industrial production increased by 0.9 per cent compared to the previous month, with year-on-year output up by 2.0 per cent.
Macro comment
Foreign trade in April: Slight decrease in positive balance
Exports and imports are benefiting this year from a slight recovery in demand both abroad and at home. However, April's results were affected by the fact that there was one working day less than a year ago.
