Czech National Bank (CNB) is likely to raise its interest rates three times this year, due to weaker koruna
Slovakia´s unemployment rate dropped by 5.16% in February 2019, down by 0.10 percentage points (pp) from January and by 0.56pp year-on-year, according to data published by the Labour, Social Affairs and the Family Centre on March 21.
Both industrial production and construction have been weakening since beginning of this year. Industrial production contracted by 1.1% and construction by 13.2% year-on-year in January 2019, according to data by the Czech Statistics Office (CSO) publ
Year-on-year inflation in Slovakia increased by 2.3% in February, with core inflation amounting to 1.9% and net inflation at 1.7%, the Slovak Statistics Office reported on March 14.
Czech retail sales adjusted for calendar affects accelerated by 4.7% year-on-year in January from of 4.8% in December, affected markedly by e-shops and mail order services (up by 18.6%), according to the Czech Statistics Office´s data released on Mar
The average wage in the Czech Republic grew by 6.9% year-on-year, up by CZK2,179 (€84.9) to CZK33,840 (€1,319) in 4Q18, according to the data by the Czech Statistics Office released on March 8. In real terms it increased by 4.7%. The median wage reac
Unemployment in Slovakia continued falling in 2018, down by 19.9% year-on-year to 179,500 persons in the whole 2018 and down by 21.5% y/y to 167,100 persons in 4Q18, where the unemployment rate dropped to 6.1% in 4Q18 and 6.6% in 2018, the Slovak Sta
Estonia’s industrial output has now grown for 31 months straight, helping economic expansion.
Disastrous demographics and tightening labour markets will keep up the pressure on governments across the region to encourage women to enter and remain in the workforce.
Czech GDP recorded growth of 3% in 2018, driven mostly by investment activity (2 percentage points (pp)), household consumption and government expenditure (0.9pp)
The Czech IHS Manufacturing Purchasing Managers Index (PMI) dropped to 48.6 in February from 49.0 in January, the lowest since January 2013, signalling a faster deterioration in the health of the Czech manufacturing sector
Slovakia's three-month moving average of the economic sentiment indicator (ESI) increased by 1 point to the level 98.4 month-on-month in February, mainly due to growth in consumer confidence and confidence in industry
Industrial producer prices in the Czech Republic rose by 2.9% year-on-year in January, according to the data released by the Czech Statistics Office on February 25
Prague remains the seventh richest region of the European Union in 2017 in terms of GDP per capita, same as in 2016, followed by Slovakia’s Bratislava, according to Eurostat data published on February 26.
Hard Brexit could drag the Czech economy growth down to under 2%, reducing growth of domestic economy by 0.7 to 1.4 percentage points, according to the Czech National Bank (CNB) member Board member Tomas Holub, who spoke at a conference on Brexit on
EU-harmonised inflation in Slovakia reached 2.2% year-on-year in January, according to the Slovak Statistics Office data published on February 22. The average harmonised inflation rate for last 12 months stood at 2.5% in January 2019.
Albeit uneven, the continuous growth of industrial production is promising for the national economy at the beginning of the year.