Macroeconomic news

19
November 2014

Czech rep, Slovakia, Hungary and Romania interconnect daily markets with electricity

The Czech Republic, Slovakia, Hungary, and Romania interconnected their daily markets with electricity in the project CZ-SK-HU-RO Market Coupling (4M MC) on November 19, 2014.

19
November 2014

Bavaria wants to cooperate with Czech Republic in IT, automotive and energy industry

A support of innovation activities is necessary to keep the competition advantage of the Czech Republic as an investment locality and the economic growth sustainability.

19
November 2014

PM Sobotka discusses nuclear safety in Washington

Energy safety, the situation in Ukraine and defence and security issues were among the main topics of the talks held by Czech Prime Minister Bohuslav Sobotka (ČSSD) and US Vice-President Joe Biden in Washington.

18
November 2014

Fitch Ratings agency has confirmed A+ rating for the Czech Republic

Fitch Ratings agency has confirmed the rating of A+ with a stable outlook for the Czech Republic for the long-term foreign currency liabilities.

18
November 2014

KB: The decrease in prices of industrial producers has been influenced by lower oil prices

The prices of industrial producers in the section of coke and refined oil products decrease, according to the analyst Jiří Škop from Komerční banka in October by 4.8 % mainly thanks to a lowering of oil prices, the price of which has decreased by 31 % since June 23 in US dollars.

18
November 2014

MPSV: In September 2014, unemployment reached 5.7 % in the Czech Republic

In September 2014, unemployment reached 5.7 % in the Czech Republic.

18
November 2014

B2B monitor: 64 % of marketers from B2B companies expect an increase of turnover

A total of 64 % of marketing managers of B2B companies expect an increase of turnover in the Czech Republic in the year 2015.

15
November 2014

Analysts: GDP development lagged behind expectations

Czech Republic’s gross domestic product, adjusted for pricing and seasonal factors, grew 2.3% y/y and 0.3% q/q in Q3 2014, according to preliminary estimations made by the Czech Statistical Office.

15
November 2014

ČNB: Inflation will accelerate due to growing economic activity

The Czech National Bank (ČNB) predicts that overall inflation will increase primarily as a result of growing economic activity and accelerating growth of salaries.

14
November 2014

Employment Office: 8 firms announced mass layoffs in October

Totally 8 employers announced mass layoffs in October 2014. They will lay off 602 employees.

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