Macroeconomic news
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82 % of Czechs have borrowed money
Half of all Czechs have experienced financial need in their lives. This is the result of an exclusive GE Money Bank (GEMB) survey.
3. 3. 2010Only 26 % of Czech consider economic situation good
Only 26 % of Czechs consider the economic situation good.
2. 3. 2010Consumer price index in euro area up 0.9 % in Feb
In February the consumer price index in the euro area increased by 0.9 % y/y. This growth was in line with analysts’ expectations; consumer prices had increased by one percent in January.
1. 3. 2010Unemployment is the most important topic according to CVVM survey
According to a CVVM survey Czech residents consider unemployment to be the most important topic.
1. 3. 2010PMI points to revival in production segment
The purchasing managers index (PMI) in the Czech Republic, calculated by HSBC and Markit, points to a revival in the production segment.
1. 3. 2010State income totaled 13.7 % if approved budget in Feb
The state’s tax income not including social insurance premiums totaled CZK 73.1 bln in February according to the Finance Ministry.
1. 3. 2010Budget deficit totaled CZK 10.6 bln at end of Feb
According to data from the Finance Ministry state budget income exceeded CZK 162 bln at the end of February.
26. 2. 2010Sixth Zlata Koruna forum to be held on 16 March
The sixth annual Zlatá Koruna International Economic Forum, this time under the patronage of PM Jan Fischer, will take place at the Top Hotel Praha congress room on 16 March.
26. 2. 2010Czech household indebtedness up CZK 101.5 bln in past year
According to the Czech National Bank Czech households increased their indebtedness to banks and financial institutions by CZK 101.5 bln in the past year. In January indebtedness increased by CZK 2.35 bln to CZK 985.66 bln on December.
25. 2. 2010GDP of EU and Eurozone shouldl increase by 0.7 % this year
An EC forecast shows that the GDP of the European Union as a whole and that of the Eurozone should increase by 0.7 % this year.
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