Macroeconomic news
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TS: Heat price averaged CZK 530/GJ last year
The average price of heat from coal power plants in 2011 reached ca. CZK 470 per GJ, according to Teplárenské Sdružení (Heating Industry Association).
25. 1. 2012Government approves loan of EUR 1.5 bln to IMF
On Wednesday, January 25 the government of the Czech Republic approved a loan to the International Monetary Fund in the volume of EUR 1.5 bln.
25. 1. 2012IMF: Global economy to grow by 3.3%
The global economy will likely grow by 3.3% in 2012 and by 3.9% in 2013, according to a prediction made public by the International Monetary Fund.
24. 1. 2012ČPU: Gas consumption in CR down 10% last year
Natural gas consumption in the Czech Republic totalled 8,075.3 mln m3 in 2011, according to preliminary data from the Czech Gas Union.
24. 1. 2012ČSÚ: Confidence in domestic economy grows
In January 2012 confidence in the domestic economy increased y/y with the aggregate indicator up 2.5 points.
24. 1. 2012Households held 2.8 % of state bonds at end of 2011
Households and non-profit institutions held more than 2.8 % of crown-denominated state debentures at the end of 2011, thus holding CZK 28.675 bln.
24. 1. 2012Eurostat: Industrial orders in EU down 1.4 %
New industrial orders in the euro area fell 1.3 % m/m in the euro area in November 2011; they fell 1.4 % in the European Union.
23. 1. 2012Prices of German industrial producers rise 4%
In December 2010, the index of producers of industrial products intended for the local German market rose 4% compared with December 2010.
23. 1. 2012ČNB: Euro area to expect 0.3% drop in GDP this year
According to Consensus Economics (CE) expectations, the euro area is to expect a 0.3% drop in GDP in 2012.
20. 1. 2012Eurostat: EU’s industrial output higher between Sep-Nov
Between September and November, industrial output in the European Union increased 1% from the same period a year ago while compared with the previous three months, the industrial output fell 1%.
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