Pakistan stocks tumble nearly 10% in four days amid rising India tensions
10 minutes ago
Unemployment in Slovakia registered a thin increase by 0.02 percentage points month-on-month to 4%, the country’s Central Office for Labour, Social Affairs and Family reported.
Year-on-year, unemployment decreased by 0.53 percentage points.
“We view positively, especially the development among your people up to 29 years and persons in the age of above 50 years,” commented Juraj Kacer, State Secretary of the Ministry of Labour, Social Affair and Family.
Kacer added that “in both categories, the number of unemployed is at some of the lowest figures in the past 10 years and decreased again in comparison to July.”
The number of university graduates registered with the labour authorities dropped by 853 m-o-m to 4,255 persons.
An analyst with the Institute for Social Policy, Michal Tomajko, pointed out that “a positive [thing] that y-o-y we registered smaller number of job applicants in every region” in Slovakia. Tomajko expects “a slight increase in unemployment in September” due to incoming high school graduates on the labour market.
Related Content
Data
Pakistan stocks tumble nearly 10% in four days amid rising India tensions
Pakistani stocks have suffered a steep decline, with the KSE-100 Index dropping 9.7% over the past four sessions, as escalating military tensions with India rattled investors.
China’s central bank unveils 10-point plan to help calm markets, steer growth
Among the most headline-grabbing moves is a 0.5 percentage point cut in the reserve requirement ratio, expected to unleash some CNY1 trillion ($138bn) into the financial system. But that’s just the beginning.
_1746697624.png)
Czech industry output increases by 1.4% y/y in March
Czech industrial production increased by 1.4% year-on-year and by 0.4% month-on-month in March (chart), driven by electricity production and maintaining the growth trajectory.
Czech National Bank cuts by 25bp as easing cycle comes to an end
The Czech National Bank reduced its base interest rate by 25 basis points to 3.5% on May 7, marking its fourth consecutive rate cut and signalling that the easing cycle is nearing its end, ING said in a note on May 7.
