Czech capital Prague again posted the lowest unemployment rate in the European Union of 1.3% in 2018, followed by Czech South-West region, according to Eurostat data published on April 29.
Four Czech regions have also been ranked among the ten regions with the lowest unemployment rates of young people aged 15-24. They are South-West with 4.1%, Central Bohemia with 5.0%, Central Moravia with 5.1% and Prague with 5.6%.
In March, Czech unemployment fell to 3% from 3.3% in February and from 3.5% in March 2018, due to the start of seasonal work. The lowest unemployment rate was also recorded by Czech Statistics Office in Prague, up by 1.9% in March. The highest numbers were posted in the Moravia-Silesian and Ustecky regions, where the unemployment rate reached 4.0% and 4.6%, respectively.
The highest unemployment rate was recorded by Eurostat at overseas department of France's Mayotte, amounting to 35.1%.
Russian industrial output growth slowed down to 2.8% year-on-year from 3.3% seen in June, trending below the consensus expectations of 3.4% growth, and showing a seasonally-adjusted month-on-month decline of 0.4%. In January-July overall industry exp
Year-on-year inflation in Slovakia rose to 2.9% in July, up by 0.2 percentage points (pp) from June, with core inflation standing at 2.5% and net inflation at 1.9%, the data of the Slovak Statistics Office (SSO) showed on August 13.
Household consumption and external demand drove the economy in 2Q19.
Romania’s industrial production plunged by 6.6% y/y in June, dragging down the quarter’s performance to negative 1.7% y/y as the production of traditionally robust industrial sectors disappointed.
Local investors were responsible for 59% of real estate investments in Bulgaria in 1H19, reversing the trend seen in the last two years as the volume of foreign investment tumbled, a report from Colliers shows.