In 2Q 2019 the Czech Republic consumed a total of 17.4 TWh of electricity, which represents a y/y increase of 2.5 %. Production fell to 20.2 TWh (-1.1 %).
The net assets value of investment funds was CZK 520.5bn in June 2019. This is a month-on-month increase of CZK 11.6bn and a year-on-year increase of 14.2%.
The Czech economy will grow by 2.6% this year and slightly accelerate to close to the pace of potential output growth over the next two years.
Totally 30,084 customers switched electricity suppliers in July. In the large client segment, there were 608 reported supplier changes.
Distribution companies connected 1,241 new solar installations with a total capacity of 7.51 MW to the grid in H1 2019.
Foreign trade with goods at current prices ended in a surplus of CZK 18.4bn in June 2019, according to preliminary data.
Unadjusted industrial production decreased by 6.4% in June 2019. After adjustment, it dropped by 3.8% in real terms.
Czech Republic’s total tax revenue increased by more than CZK 450bn between 2013 and 2018.
Inflation will be above the Czech National Bank’s 2% target in the quarters ahead and will decrease close to the target over the monetary policy horizon.
The Czech Ministry of Finance (MF) has adjusted its GDP growth prediction for 2019 from 2.4% to 2.5%.