Czech Republic Economy

Czech Republic’s gdp growth annual decreased to -5.0 by -54.13% on July 2020 from -10.9 in the previous Quarterly. On a year on year basis Czech Republic’s gdp growth annual decreased by -186.21%. Czech Republic’s gdp growth annual trend is down since the current value of -5.0 is lower than the 12 month moving average of 0.816667.Czech Republic’s inflation cpi decreased to 2.7 by -6.9% on November 2020 from 2.9 in the previous Monthly. On a year on year basis Czech Republic’s inflation cpi decreased by -12.9%. Czech Republic’s inflation cpi trend is down since the current value of 2.7 is lower than the 12 month moving average of 3.23333.Czech Republic’s unemployment rate icnreased to 3.8 by 2.7% on November 2020 from 3.7 in the previous Monthly. On a year on year basis Czech Republic’s unemployment rate increased by 46.15%. Czech Republic’s unemployment rate trend is down since the current value of 3.8 is lower than the 12 month moving average of 3.46667.

Czech Republic Financial Markets

MarketSymbolLastMomTrendExhRSI1D%1W%1M%1Y%
PX IndexPX1188.1210.5-0.0433478.9012.511.98.48-0.03845
Czech Koruna US Dollar (CZK/USD)CZKUSD 21.78-0.5-1-1.5273341.29030.742.421.98-0.04564
Czech Republic 10-Year Bond YieldCZ.10Y1.760.50.250.3869752.6911-3.08-3.080.86-0.23006
Czech Republic 5-Year Bond YieldCZ.5Y1.660.50-0.1433948.3775-2.181.7229.69-0.5163
Czech Republic 2-year bond yieldCZ.2Y1.42-0.50.25-0.6075351.2166167.92297.76121.18-0.93587
Czech Republic Yield CurveCZ.YC0.3400.51.0916349.8797-73.56-76.7-69.17-15.7013

PX Index closed up by 0.0232% to 1075.43 on 23 January 2021 and +0.04701% on a weekly basis. PX Index momentum was last calculated at +1.0/100 indicating positive momentum. PX Index trend is +0.5/100 indicating a positive trend. PX Index momentum exhaustion is -0.04334 indicating PX Index is oversold.Czech Republic 10-Year Bond Yield closed up by 0.03234% to 1.245 on 23 January 2021 and +0.0401% on a weekly basis. Czech Republic 10-Year Bond Yield momentum was last calculated at +0.5/100 indicating positive momentum. Czech Republic 10-Year Bond Yield trend is +0.25/100 indicating a positive trend. Czech Republic 10-Year Bond Yield momentum exhaustion is 0.38697 indicating Czech Republic 10-Year Bond Yield is oversold.Czech Koruna US Dollar (CZK/USD) closed down by -0.0001% to 21.4702 on 23 January 2021 and +0.0006% on a weekly basis. Czech Koruna US Dollar (CZK/USD) momentum was last calculated at -0.5/100 indicating negative momentum. Czech Koruna US Dollar (CZK/USD) trend is -1.0/100 indicating a negative trend. Czech Koruna US Dollar (CZK/USD) momentum exhaustion is -1.52733 indicating Czech Koruna US Dollar (CZK/USD) is oversold.

Czech Republic Macroeconomic model

MacroVar Czech Republic Macro model analyzes economic growth and inflation to assess the current economic conditions. Economic growth and inflation expectations are the two most important economic indicators used to assess economic conditions, forecast financial market returns and policymaker response. Czech Republic’s current macroeconomic conditions are summarized below the chart. Click here to learn more about MacroVar Czech Republic macroecononic model and the leading economic indicators used for analysis.

Czech Republic Macro Model

Czech Republic News

Czech Republic Economy

Economic Activity OverviewActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
gdp growth annual-2.1-4.8-0.5625-1.4375-1.0-1.00.2833332021-01-01
inflation cpi2.82.9-0.0344828-0.1515151.0-1.00.1666672021-06-30
unemployment rate3.73.9-0.05128210-1.0-1.00.7583332021-06-30
Business & Consumer Forecast OverviewActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
ESI - Economic Composite94.683.30.1356540.3710151.01.012021-04-01
manufacturing pmi62.761.80.01456310.3964371.01.00.952021-06-30
Reserves & Outstanding DebtActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
government debt174047017346300.003366710.6334621.01.002019-01-31
government debt to gdp38.130.30.2574260.346291.01.002020-01-31
external debt1647701638800.0054308-0.0254448-1.0-1.00.052021-01-01
foreign exchange reserves1690701667900.01366990.1233591.01.00.62021-05-31
gold reserves9.549.480.006329110.01489361.01.012021-01-01
TradeActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
current account3075.3678.283.533970.3333771.01.00.552021-01-01
current account to gdp-0.40.3-2.33333-0.9130431.01.002019-01-31
Monetary PolicyActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
interest rate0.251-0.75-0.875-1.0-1.00.01666672020-05-07
central bank balance sheet360753035504200.01608540.0558954-1.01.00.4333332021-02-28
banks balance sheet873412086610800.008433130.06509241.01.00.552021-02-28
money supply m2550751054716100.006561140.1004871.01.00.7666672021-05-31
Fiscal PolicyActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
Government budget-10087.2-62978.4-0.839831-0.7334081.01.00.3833332021-06-30
government revenues1598051111820.4373280.2481061.01.00.9833332021-06-30
fiscal expenditure169892174160-0.02450620.02421091.01.00.2833332021-06-30

Czech Republic’s gdp growth annual decreased to -5.0 by -54.13% on July 2020 from -10.9 in the previous Quarterly. On a year on year basis Czech Republic’s gdp growth annual decreased by -186.21%. Czech Republic’s gdp growth annual trend is down since the current value of -5.0 is lower than the 12 month moving average of 0.816667.Czech Republic’s inflation cpi decreased to 2.7 by -6.9% on November 2020 from 2.9 in the previous Monthly. On a year on year basis Czech Republic’s inflation cpi decreased by -12.9%. Czech Republic’s inflation cpi trend is down since the current value of 2.7 is lower than the 12 month moving average of 3.23333.Czech Republic’s unemployment rate icnreased to 3.8 by 2.7% on November 2020 from 3.7 in the previous Monthly. On a year on year basis Czech Republic’s unemployment rate increased by 46.15%. Czech Republic’s unemployment rate trend is down since the current value of 3.8 is lower than the 12 month moving average of 3.46667.Czech Republic’s manufacturing pmi icnreased to 53.9 by 3.85% on November 2020 from 51.9 in the previous Monthly. On a year on year basis Czech Republic’s manufacturing pmi increased by 23.91%. Czech Republic’s manufacturing pmi trend is down since the current value of 53.9 is lower than the 12 month moving average of 45.7333.Czech Republic’s building permits decreased to 7433.0 by -2.13% on September 2020 from 7595.0 in the previous Monthly. On a year on year basis Czech Republic’s building permits decreased by -0.97%. Czech Republic’s building permits trend is down since the current value of 7433.0 is lower than the 12 month moving average of 7188.17.Czech Republic’s business confidence icnreased to 87.1 by 6.61% on December 2020 from 81.7 in the previous Monthly. On a year on year basis Czech Republic’s business confidence decreased by -10.02%. Czech Republic’s business confidence trend is down since the current value of 87.1 is lower than the 12 month moving average of 85.025.Czech Republic’s consumer confidence icnreased to 91.7 by 10.35% on December 2020 from 83.1 in the previous Monthly. On a year on year basis Czech Republic’s consumer confidence decreased by -16.64%. Czech Republic’s consumer confidence trend is down since the current value of 91.7 is lower than the 12 month moving average of 93.625.

Czech Republic Business activity

Business ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
business confidence103.799.10.04641780.3919461.01.012021-06-30
ESI - Economic Composite94.683.30.1356540.3710151.01.012021-04-01
manufacturing pmi62.761.80.01456310.3964371.01.00.952021-06-30
Manufacturing sector3.2-3.7-1.86486-1.102561.01.00.22021-04-01
Consumer sector-8.3-17.1-0.51462-0.5029941.01.00.5333332021-04-01
Construction sector-8.6-7.20.194444-0.3484851.01.00.6166672021-04-01
Retail sector13.15.21.519233.225811.01.012021-04-01
Services sector14.71.58.8-3.333331.01.00.01666672021-04-01
 

Czech Republic’s business confidence icnreased to 87.1 by 6.61% on December 2020 from 81.7 in the previous Monthly. On a year on year basis Czech Republic’s business confidence decreased by -10.02%. Czech Republic’s business confidence trend is down since the current value of 87.1 is lower than the 12 month moving average of 85.025.Czech Republic’s ESI – Economic Composite decreased to 73.1 by -1009.0% on January 2021 from 81.3 in the previous . On a year on year basis Czech Republic’s ESI – Economic Composite decreased by -2683.0%. Czech Republic’s ESI – Economic Composite trend is down since the current value of 73.1 is lower than the 12 month moving average of 82.4167.Czech Republic’s manufacturing pmi icnreased to 53.9 by 3.85% on November 2020 from 51.9 in the previous Monthly. On a year on year basis Czech Republic’s manufacturing pmi increased by 23.91%. Czech Republic’s manufacturing pmi trend is down since the current value of 53.9 is lower than the 12 month moving average of 45.7333.Czech Republic’s Manufacturing sector icnreased to -9.9 by 8000.0% on January 2021 from -5.5 in the previous . On a year on year basis Czech Republic’s Manufacturing sector increased by 5968.0%. Czech Republic’s Manufacturing sector trend is down since the current value of -9.9 is lower than the 12 month moving average of -13.3167.Czech Republic’s Consumer sector icnreased to -18.7 by 1402.0% on January 2021 from -16.4 in the previous . On a year on year basis Czech Republic’s Consumer sector increased by 613333.0%. Czech Republic’s Consumer sector trend is down since the current value of -18.7 is lower than the 12 month moving average of -8.075.Czech Republic’s Construction sector icnreased to -12.0 by 2000.0% on January 2021 from -10.0 in the previous . On a year on year basis Czech Republic’s Construction sector decreased by -130000.0%. Czech Republic’s Construction sector trend is down since the current value of -12.0 is lower than the 12 month moving average of -9.33333.Czech Republic’s Retail sector decreased to 8.9 by -4027.0% on January 2021 from 14.9 in the previous . On a year on year basis Czech Republic’s Retail sector decreased by -3904.0%. Czech Republic’s Retail sector trend is down since the current value of 8.9 is lower than the 12 month moving average of 13.7417.Czech Republic’s Services sector decreased to -5.0 by -26667.0% on January 2021 from 3.0 in the previous . On a year on year basis Czech Republic’s Services sector decreased by -11524.0%. Czech Republic’s Services sector trend is down since the current value of -5.0 is lower than the 12 month moving average of 8.7.

Czech Republic Consumer activity

Consumer ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
consumer confidence105.5102.80.02626460.1259341.01.00.9833332021-06-30
car registrations22561217340.0380510.08617781.01.00.7333332021-06-30
Consumer - General economic situation (next 12 months)-12.7-36.9-0.655827-0.6924941.01.00.4166672021-04-01
Consumer - Financial situation (next 12 months)7.2-1.5-5.8-1.782611.01.00.03333332021-04-01
Consumer - Price trends (next 12 months)40.741.6-0.02163460.004938271.01.00.2833332021-04-01
Consumer - Unemployment expectations (next 12 months)30.554.8-0.443431-0.478632-1.0-1.00.42021-04-01
Consumer - Major purchases (next 12 months)-16.3-20.6-0.208738-0.109291.01.00.4166672021-04-01
Consumer - Savings (next 12 months)15.7120.3083331.962261.01.012021-04-01
Consumer - Households Financial situation33.631.20.07692310.150685-1.01.00.8333332021-04-01

Czech Republic’s consumer confidence icnreased to 91.7 by 10.35% on December 2020 from 83.1 in the previous Monthly. On a year on year basis Czech Republic’s consumer confidence decreased by -16.64%. Czech Republic’s consumer confidence trend is down since the current value of 91.7 is lower than the 12 month moving average of 93.625.Czech Republic’s car registrations icnreased to 17484.0 by 3.86% on November 2020 from 16835.0 in the previous Monthly. On a year on year basis Czech Republic’s car registrations decreased by -13.29%. Czech Republic’s car registrations trend is down since the current value of 17484.0 is lower than the 12 month moving average of 16778.8.Czech Republic’s Consumer – General economic situation (next 12 months) icnreased to -36.6 by 609.0% on January 2021 from -34.5 in the previous . On a year on year basis Czech Republic’s Consumer – General economic situation (next 12 months) increased by 29355.0%. Czech Republic’s Consumer – General economic situation (next 12 months) trend is down since the current value of -36.6 is lower than the 12 month moving average of -21.9583.Czech Republic’s Consumer – Financial situation (next 12 months) icnreased to -3.1 by 1071.0% on January 2021 from -2.8 in the previous . On a year on year basis Czech Republic’s Consumer – Financial situation (next 12 months) decreased by -13780.0%. Czech Republic’s Consumer – Financial situation (next 12 months) trend is down since the current value of -3.1 is lower than the 12 month moving average of 2.41667.Czech Republic’s Consumer – Price trends (next 12 months) decreased to 33.6 by -88.0% on January 2021 from 33.9 in the previous . On a year on year basis Czech Republic’s Consumer – Price trends (next 12 months) decreased by -427.0%. Czech Republic’s Consumer – Price trends (next 12 months) trend is down since the current value of 33.6 is lower than the 12 month moving average of 36.1667.Czech Republic’s Consumer – Unemployment expectations (next 12 months) icnreased to 59.5 by 897.0% on January 2021 from 54.6 in the previous . On a year on year basis Czech Republic’s Consumer – Unemployment expectations (next 12 months) increased by 36484.0%. Czech Republic’s Consumer – Unemployment expectations (next 12 months) trend is down since the current value of 59.5 is lower than the 12 month moving average of 39.25.Czech Republic’s Consumer – Major purchases (next 12 months) icnreased to -24.3 by 1912.0% on January 2021 from -20.4 in the previous . On a year on year basis Czech Republic’s Consumer – Major purchases (next 12 months) increased by 26818.0%. Czech Republic’s Consumer – Major purchases (next 12 months) trend is down since the current value of -24.3 is lower than the 12 month moving average of -13.35.Czech Republic’s Consumer – Savings (next 12 months) decreased to 9.4 by -3088.0% on January 2021 from 13.6 in the previous . On a year on year basis Czech Republic’s Consumer – Savings (next 12 months) decreased by -2879.0%. Czech Republic’s Consumer – Savings (next 12 months) trend is down since the current value of 9.4 is lower than the 12 month moving average of 15.425.Czech Republic’s Consumer – Households Financial situation decreased to 33.9 by -259.0% on January 2021 from 34.8 in the previous . On a year on year basis Czech Republic’s Consumer – Households Financial situation increased by 119.0%. Czech Republic’s Consumer – Households Financial situation trend is down since the current value of 33.9 is lower than the 12 month moving average of 35.2667.

Czech Republic Manufacturing activity

Manufacturing ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
manufacturing pmi62.761.80.01456310.3964371.01.00.952021-06-30
Manufacturing sector3.2-3.7-1.86486-1.102561.01.00.22021-04-01
Manufacturing - Order Books-6.4-11.1-0.423423-0.8297871.01.00.2833332021-04-01
Manufacturing - Selling Price expectations (next months)21.112.40.7016132.149251.01.00.9333332021-04-01
Manufacturing - Production trend (recent months)2.4-6.9-1.34783-1.058971.01.00.2666672021-04-01
Manufacturing - Export Order Books-3.6-11.5-0.686957-0.9152941.01.00.2333332021-04-01
Manufacturing - Finished Products (Stock Levels)2.55.2-0.519231-0.509804-1.0-1.00.1833332021-04-01
Manufacturing - Production expectations (next months)18.45.22.53846-1.360781.01.00.1166672021-04-01
industrial production25.355.1-0.540835-2.036891.01.00.22021-05-31
industrial production mom-3.61.9-2.89474-0.85124-1.01.00.6666672021-05-31

Czech Republic’s manufacturing pmi icnreased to 53.9 by 3.85% on November 2020 from 51.9 in the previous Monthly. On a year on year basis Czech Republic’s manufacturing pmi increased by 23.91%. Czech Republic’s manufacturing pmi trend is down since the current value of 53.9 is lower than the 12 month moving average of 45.7333.Czech Republic’s Manufacturing sector icnreased to -9.9 by 8000.0% on January 2021 from -5.5 in the previous . On a year on year basis Czech Republic’s Manufacturing sector increased by 5968.0%. Czech Republic’s Manufacturing sector trend is down since the current value of -9.9 is lower than the 12 month moving average of -13.3167.Czech Republic’s Manufacturing – Order Books decreased to -19.3 by -585.0% on January 2021 from -20.5 in the previous . On a year on year basis Czech Republic’s Manufacturing – Order Books increased by 1914.0%. Czech Republic’s Manufacturing – Order Books trend is down since the current value of -19.3 is lower than the 12 month moving average of -29.125.Czech Republic’s Manufacturing – Selling Price expectations (next months) decreased to -2.7 by -24210.0% on January 2021 from 1.9 in the previous . On a year on year basis Czech Republic’s Manufacturing – Selling Price expectations (next months) decreased by -13971.0%. Czech Republic’s Manufacturing – Selling Price expectations (next months) trend is down since the current value of -2.7 is lower than the 12 month moving average of 0.516667.Czech Republic’s Manufacturing – Production trend (recent months) decreased to 2.3 by -17667.0% on January 2021 from -3.0 in the previous . On a year on year basis Czech Republic’s Manufacturing – Production trend (recent months) decreased by -12805.0%. Czech Republic’s Manufacturing – Production trend (recent months) trend is down since the current value of 2.3 is lower than the 12 month moving average of -21.6083.Czech Republic’s Manufacturing – Export Order Books decreased to -24.6 by -315.0% on January 2021 from -25.4 in the previous . On a year on year basis Czech Republic’s Manufacturing – Export Order Books increased by 1081.0%. Czech Republic’s Manufacturing – Export Order Books trend is down since the current value of -24.6 is lower than the 12 month moving average of -33.3583.Czech Republic’s Manufacturing – Finished Products (Stock Levels) icnreased to 8.5 by 10732.0% on January 2021 from 4.1 in the previous . On a year on year basis Czech Republic’s Manufacturing – Finished Products (Stock Levels) increased by 13611.0%. Czech Republic’s Manufacturing – Finished Products (Stock Levels) trend is down since the current value of 8.5 is lower than the 12 month moving average of 6.39167.Czech Republic’s Manufacturing – Production expectations (next months) decreased to -1.9 by -12317.0% on January 2021 from 8.2 in the previous . On a year on year basis Czech Republic’s Manufacturing – Production expectations (next months) decreased by -57500.0%. Czech Republic’s Manufacturing – Production expectations (next months) trend is down since the current value of -1.9 is lower than the 12 month moving average of -4.61667.Czech Republic’s industrial production decreased to 1.3 by -186.67% on October 2020 from -1.5 in the previous Monthly. On a year on year basis Czech Republic’s industrial production decreased by -425.0%. Czech Republic’s industrial production trend is down since the current value of 1.3 is lower than the 12 month moving average of -8.49167.Czech Republic’s industrial production mom decreased to 3.0 by -26.83% on October 2020 from 4.1 in the previous Monthly. On a year on year basis Czech Republic’s industrial production mom increased by 1400.0%. Czech Republic’s industrial production mom trend is down since the current value of 3.0 is lower than the 12 month moving average of 0.633333.

Czech Republic Services activity

Services ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
Services sector14.71.58.8-3.333331.01.00.01666672021-04-01
Services - Demand Expectations (next 3 months)18.7-0.1-1887.904761.01.012021-04-01
Services - Prices expectations (next 3 months)8.3-4-3.075-1.864581.01.00.1333332021-04-01
Services - Business activity (past 3 months)22.915.90.440252-0.2315441.0-1.00.2166672021-04-01
Services - Demand (past 3 months)2.4-11.3-1.21239-1.222221.01.00.22021-04-01
Services - Employment (past 3 months)-31.9-170.87647130.9-1.0-1.00.9833332021-04-01
Services - Employment (next 3 months)-29.5-32.3-0.08668730.0845588-1.0-1.00.5833332021-04-01

Czech Republic’s Services sector decreased to -5.0 by -26667.0% on January 2021 from 3.0 in the previous . On a year on year basis Czech Republic’s Services sector decreased by -11524.0%. Czech Republic’s Services sector trend is down since the current value of -5.0 is lower than the 12 month moving average of 8.7.Czech Republic’s Services – Demand Expectations (next 3 months) decreased to -13.3 by -23434.0% on January 2021 from 9.9 in the previous . On a year on year basis Czech Republic’s Services – Demand Expectations (next 3 months) decreased by -16786.0%. Czech Republic’s Services – Demand Expectations (next 3 months) trend is down since the current value of -13.3 is lower than the 12 month moving average of 1.86667.Czech Republic’s Services – Prices expectations (next 3 months) icnreased to -7.7 by 5098.0% on January 2021 from -5.1 in the previous . On a year on year basis Czech Republic’s Services – Prices expectations (next 3 months) decreased by -80000.0%. Czech Republic’s Services – Prices expectations (next 3 months) trend is down since the current value of -7.7 is lower than the 12 month moving average of -1.66667.Czech Republic’s Services – Business activity (past 3 months) decreased to 10.0 by -4083.0% on January 2021 from 16.9 in the previous . On a year on year basis Czech Republic’s Services – Business activity (past 3 months) decreased by -8410.0%. Czech Republic’s Services – Business activity (past 3 months) trend is down since the current value of 10.0 is lower than the 12 month moving average of 33.2917.Czech Republic’s Services – Demand (past 3 months) icnreased to -11.8 by 4750.0% on January 2021 from -8.0 in the previous . On a year on year basis Czech Republic’s Services – Demand (past 3 months) decreased by -16556.0%. Czech Republic’s Services – Demand (past 3 months) trend is down since the current value of -11.8 is lower than the 12 month moving average of -7.61667.Czech Republic’s Services – Employment (past 3 months) decreased to -15.5 by -2172.0% on January 2021 from -19.8 in the previous . On a year on year basis Czech Republic’s Services – Employment (past 3 months) decreased by -2619.0%. Czech Republic’s Services – Employment (past 3 months) trend is down since the current value of -15.5 is lower than the 12 month moving average of -19.5417.Czech Republic’s Services – Employment (next 3 months) icnreased to -27.3 by 6347.0% on January 2021 from -16.7 in the previous . On a year on year basis Czech Republic’s Services – Employment (next 3 months) increased by 13333.0%. Czech Republic’s Services – Employment (next 3 months) trend is down since the current value of -27.3 is lower than the 12 month moving average of -25.7083.

Czech Republic Retail Sector

 

Retail ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
Retail sector13.15.21.519233.225811.01.012021-04-01
Retail - Orders Expectations (next 3 months)19.79.90.989899-4.283331.01.00.01666672021-04-01
Retail - Prices expectations (next 3 months)26.324.10.09128630.1741071.01.00.4666672021-04-01
Retail - Business activity (past 3 months)23.817.80.337079-0.2721711.0-1.00.2666672021-04-01
Retail - Stock Levels14.4110.3090910.5483871.01.00.752021-04-01
Retail - Business activity expectations (next 3 months)29.98.92.35955-3.120571.01.00.01666672021-04-01
Retail - Employment expectations (next 3 months)9.732.23333-2.102271.01.00.03333332021-04-01
retail sales8.17.50.08-6.06251.01.00.01666672021-05-31
retail sales MoM7.30.79.42857-4.318181.01.00.152021-05-31

Czech Republic’s Retail sector decreased to 8.9 by -4027.0% on January 2021 from 14.9 in the previous . On a year on year basis Czech Republic’s Retail sector decreased by -3904.0%. Czech Republic’s Retail sector trend is down since the current value of 8.9 is lower than the 12 month moving average of 13.7417.Czech Republic’s Retail – Orders Expectations (next 3 months) decreased to 4.6 by -6068.0% on January 2021 from 11.7 in the previous . On a year on year basis Czech Republic’s Retail – Orders Expectations (next 3 months) decreased by -5446.0%. Czech Republic’s Retail – Orders Expectations (next 3 months) trend is down since the current value of 4.6 is lower than the 12 month moving average of 9.65.Czech Republic’s Retail – Prices expectations (next 3 months) icnreased to 15.7 by 195.0% on January 2021 from 15.4 in the previous . On a year on year basis Czech Republic’s Retail – Prices expectations (next 3 months) increased by 29250.0%. Czech Republic’s Retail – Prices expectations (next 3 months) trend is down since the current value of 15.7 is lower than the 12 month moving average of 17.9.Czech Republic’s Retail – Business activity (past 3 months) decreased to 19.8 by -1984.0% on January 2021 from 24.7 in the previous . On a year on year basis Czech Republic’s Retail – Business activity (past 3 months) decreased by -3422.0%. Czech Republic’s Retail – Business activity (past 3 months) trend is down since the current value of 19.8 is lower than the 12 month moving average of 28.275.Czech Republic’s Retail – Stock Levels decreased to 2.1 by -62500.0% on January 2021 from -0.4 in the previous . On a year on year basis Czech Republic’s Retail – Stock Levels decreased by -7879.0%. Czech Republic’s Retail – Stock Levels trend is down since the current value of 2.1 is lower than the 12 month moving average of 5.21667.Czech Republic’s Retail – Business activity expectations (next 3 months) decreased to 9.1 by -5381.0% on January 2021 from 19.7 in the previous . On a year on year basis Czech Republic’s Retail – Business activity expectations (next 3 months) decreased by -6144.0%. Czech Republic’s Retail – Business activity expectations (next 3 months) trend is down since the current value of 9.1 is lower than the 12 month moving average of 18.175.Czech Republic’s Retail – Employment expectations (next 3 months) decreased to 1.3 by -7593.0% on January 2021 from 5.4 in the previous . On a year on year basis Czech Republic’s Retail – Employment expectations (next 3 months) decreased by -9103.0%. Czech Republic’s Retail – Employment expectations (next 3 months) trend is down since the current value of 1.3 is lower than the 12 month moving average of 2.63333.Czech Republic’s retail sales decreased to -0.9 by -325.0% on October 2020 from 0.4 in the previous Monthly. On a year on year basis Czech Republic’s retail sales decreased by -126.47%. Czech Republic’s retail sales trend is down since the current value of -0.9 is lower than the 12 month moving average of 0.441667.Czech Republic’s retail sales MoM icnreased to -1.9 by 375.0% on October 2020 from -0.4 in the previous Monthly. On a year on year basis Czech Republic’s retail sales MoM increased by 533.33%. Czech Republic’s retail sales MoM trend is down since the current value of -1.9 is lower than the 12 month moving average of -4.67219e-16.

Czech Republic Construction Sector

 

Construction ActivityActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
Construction sector-8.6-7.20.194444-0.3484851.01.00.6166672021-04-01
Construction - Current Order Books-13.3-9.80.357143-0.3696681.01.00.4166672021-04-01
Construction - Prices over next 3 months7.13.11.29032-0.4928571.0-1.00.2833332021-04-01
Construction - Employment over next 3 months-3.9-4.6-0.152174-0.277778-1.01.00.6833332021-04-01
building permits614460440.0165453-0.0328978-1.0-1.00.2333332021-02-28
housing starts845181010.04320450.109346-1.01.00.552021-01-01
housing index166.8159.50.0457680.33441.01.002021-01-01
Construction - Building Activity (past 3 months)37.6340.105882-0.02337661.0-1.00.2666672021-04-01
Construction - Factors Limiting (None)18.815.70.1974520.2207791.01.00.752021-04-01
Construction - Factors Limiting (Insufficient Demand)36.929.80.2382550.3467151.01.00.8833332021-04-01
Construction - Factors Limiting (Weather)12.219.9-0.3869350.5251.01.00.9666672021-04-01
Construction - Factors Limiting (Shortage of labour force)32.237.3-0.136729-0.361111-1.0-1.00.01666672021-04-01
Construction - Factors Limiting (Shortage of material - equipment)1.21.5-0.2-0.727273-1.0-1.00.1333332021-04-01
Construction - Factors Limiting (Other)3.57.3-0.520548-0.646465-1.0-1.00.01666672021-04-01
Construction - Factors Limiting (Financial Constraints)14.510.80.342593-0.05228761.0-1.00.52021-04-01

Czech Republic’s Construction sector icnreased to -12.0 by 2000.0% on January 2021 from -10.0 in the previous . On a year on year basis Czech Republic’s Construction sector decreased by -130000.0%. Czech Republic’s Construction sector trend is down since the current value of -12.0 is lower than the 12 month moving average of -9.33333.Czech Republic’s Construction – Current Order Books On a year on year basis Czech Republic’s Construction – Current Order Books increased by 10000.0%. Czech Republic’s Construction – Current Order Books trend is down since the current value of -20.0 is lower than the 12 month moving average of -19.9167.Czech Republic’s Construction – Prices over next 3 months decreased to -1.0 by -20000.0% on January 2021 from 1.0 in the previous . On a year on year basis Czech Republic’s Construction – Prices over next 3 months decreased by -10625.0%. Czech Republic’s Construction – Prices over next 3 months trend is down since the current value of -1.0 is lower than the 12 month moving average of 8.58333.Czech Republic’s Construction – Employment over next 3 months decreased to -3.0 by -40000.0% on January 2021 from 1.0 in the previous . On a year on year basis Czech Republic’s Construction – Employment over next 3 months decreased by -12727.0%. Czech Republic’s Construction – Employment over next 3 months trend is down since the current value of -3.0 is lower than the 12 month moving average of 1.0.Czech Republic’s building permits decreased to 7433.0 by -2.13% on September 2020 from 7595.0 in the previous Monthly. On a year on year basis Czech Republic’s building permits decreased by -0.97%. Czech Republic’s building permits trend is down since the current value of 7433.0 is lower than the 12 month moving average of 7188.17.Czech Republic’s housing starts decreased to 8510.0 by -10.48% on May 2020 from 9506.0 in the previous Quarterly. On a year on year basis Czech Republic’s housing starts increased by 2.33%. Czech Republic’s housing starts trend is down since the current value of 8510.0 is lower than the 12 month moving average of 8928.0.Czech Republic’s housing index icnreased to 151.4 by 0.8% on February 2020 from 150.2 in the previous Quarterly. On a year on year basis Czech Republic’s housing index increased by 27.12%. Czech Republic’s housing index trend is down since the current value of 151.4 is lower than the 12 month moving average of 136.05.Czech Republic’s Construction – Building Activity (past 3 months) On a year on year basis Czech Republic’s Construction – Building Activity (past 3 months) decreased by -2273.0%. Czech Republic’s Construction – Building Activity (past 3 months) trend is down since the current value of 34.0 is lower than the 12 month moving average of 41.0.Czech Republic’s Construction – Factors Limiting (None) icnreased to 21.0 by 2353.0% on January 2021 from 17.0 in the previous . On a year on year basis Czech Republic’s Construction – Factors Limiting (None) increased by 1667.0%. Czech Republic’s Construction – Factors Limiting (None) trend is down since the current value of 21.0 is lower than the 12 month moving average of 17.3333.Czech Republic’s Construction – Factors Limiting (Insufficient Demand) icnreased to 41.0 by 2812.0% on January 2021 from 32.0 in the previous . On a year on year basis Czech Republic’s Construction – Factors Limiting (Insufficient Demand) increased by 9524.0%. Czech Republic’s Construction – Factors Limiting (Insufficient Demand) trend is down since the current value of 41.0 is lower than the 12 month moving average of 30.75.Czech Republic’s Construction – Factors Limiting (Weather) decreased to 12.0 by -1429.0% on January 2021 from 14.0 in the previous . On a year on year basis Czech Republic’s Construction – Factors Limiting (Weather) decreased by -1429.0%. Czech Republic’s Construction – Factors Limiting (Weather) trend is down since the current value of 12.0 is lower than the 12 month moving average of 11.0.Czech Republic’s Construction – Factors Limiting (Shortage of labour force) decreased to 34.0 by -1707.0% on January 2021 from 41.0 in the previous . On a year on year basis Czech Republic’s Construction – Factors Limiting (Shortage of labour force) decreased by -3200.0%. Czech Republic’s Construction – Factors Limiting (Shortage of labour force) trend is down since the current value of 34.0 is lower than the 12 month moving average of 44.6667.Czech Republic’s Construction – Factors Limiting (Shortage of material / equipment) On a year on year basis Czech Republic’s Construction – Factors Limiting (Shortage of material / equipment) decreased by -8000.0%. Czech Republic’s Construction – Factors Limiting (Shortage of material / equipment) trend is down since the current value of 1.0 is lower than the 12 month moving average of 2.58333.Czech Republic’s Construction – Factors Limiting (Other) decreased to 5.0 by -3750.0% on January 2021 from 8.0 in the previous . On a year on year basis Czech Republic’s Construction – Factors Limiting (Other) increased by 6667.0%. Czech Republic’s Construction – Factors Limiting (Other) trend is down since the current value of 5.0 is lower than the 12 month moving average of 5.91667.Czech Republic’s Construction – Factors Limiting (Financial Constraints) icnreased to 14.0 by 2727.0% on January 2021 from 11.0 in the previous . On a year on year basis Czech Republic’s Construction – Factors Limiting (Financial Constraints) increased by 5556.0%. Czech Republic’s Construction – Factors Limiting (Financial Constraints) trend is down since the current value of 14.0 is lower than the 12 month moving average of 14.0833.

Czech Republic GDP

 

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
Real GDP1258.341261.64-0.00261564-0.014265-1.0-1.00.03333332021-01-30
gdp growth annual-2.1-4.8-0.5625-1.4375-1.0-1.00.2833332021-01-01
gdp243.53246.49-0.01200860.03313251.01.002020-01-31
gdp growth-0.30.6-1.5-1.42857-1.0-1.00.2666672021-01-01

Czech Republic’s Real GDP icnreased to 1255.17 by 7.22% on July 2020 from 1170.63 in the previous Quarterly. On a year on year basis Czech Republic’s Real GDP decreased by -0.18%. Czech Republic’s Real GDP trend is down since the current value of 1255.17 is lower than the 12 month moving average of 1283.23.Czech Republic’s gdp growth annual decreased to -5.0 by -54.13% on July 2020 from -10.9 in the previous Quarterly. On a year on year basis Czech Republic’s gdp growth annual decreased by -186.21%. Czech Republic’s gdp growth annual trend is down since the current value of -5.0 is lower than the 12 month moving average of 0.816667.Czech Republic’s gdp icnreased to 246.49 by 0.61% on January 2019 from 244.99 in the previous Yearly. On a year on year basis Czech Republic’s gdp increased by 30.26%. Czech Republic’s gdp trend is down since the current value of 246.49 is lower than the 12 month moving average of 215.937.Czech Republic’s gdp growth decreased to 6.9 by -179.31% on May 2020 from -8.7 in the previous Quarterly. On a year on year basis Czech Republic’s gdp growth increased by 1280.0%. Czech Republic’s gdp growth trend is down since the current value of 6.9 is lower than the 12 month moving average of 0.0166667.

Czech Republic inflation

 

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
inflation cpi2.82.9-0.0344828-0.1515151.0-1.00.1666672021-06-30
core inflation rate2.512.73-0.0805861-0.0467148-1.0-1.00.3166672021-06-30
consumer price index cpi115.2114.60.00523560.02765391.01.00.6666672021-06-30
Producer Price Index109.3108.40.008302580.0611651.01.012021-06-30
PPI Index6.15.10.196078-8.6251.01.00.03333332021-06-30

Czech Republic’s inflation cpi decreased to 2.7 by -6.9% on November 2020 from 2.9 in the previous Monthly. On a year on year basis Czech Republic’s inflation cpi decreased by -12.9%. Czech Republic’s inflation cpi trend is down since the current value of 2.7 is lower than the 12 month moving average of 3.23333.Czech Republic’s core inflation rate decreased to 2.32 by -8.66% on November 2020 from 2.54 in the previous Monthly. On a year on year basis Czech Republic’s core inflation rate increased by 0.04%. Czech Republic’s core inflation rate trend is down since the current value of 2.32 is lower than the 12 month moving average of 2.57583.Czech Republic’s consumer price index cpi icnreased to 112.1 by 0.18% on October 2020 from 111.9 in the previous Monthly. On a year on year basis Czech Republic’s consumer price index cpi increased by 2.94%. Czech Republic’s consumer price index cpi trend is down since the current value of 112.1 is lower than the 12 month moving average of 111.317.Czech Republic’s Producer Price Index decreased to 102.9 by -0.48% on November 2020 from 103.4 in the previous Monthly. On a year on year basis Czech Republic’s Producer Price Index decreased by -0.1%. Czech Republic’s Producer Price Index trend is down since the current value of 102.9 is lower than the 12 month moving average of 103.2.Czech Republic’s PPI Index decreased to -0.1 by -133.33% on November 2020 from 0.3 in the previous Monthly. On a year on year basis Czech Republic’s PPI Index decreased by -111.11%. Czech Republic’s PPI Index trend is down since the current value of -0.1 is lower than the 12 month moving average of 0.291667.

Czech Republic Government Policy

 

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
government budget-6.20.3-21.66672.1-1.0-1.002020-01-31
Government budget-10087.2-62978.4-0.839831-0.7334081.01.00.3833332021-06-30
government revenues1598051111820.4373280.2481061.01.00.9833332021-06-30
fiscal expenditure169892174160-0.02450620.02421091.01.00.2833332021-06-30

Czech Republic’s Government budget icnreased to -67534.7 by 217.28% on November 2020 from -21285.3 in the previous Monthly. On a year on year basis Czech Republic’s Government budget increased by 254.34%. Czech Republic’s Government budget trend is down since the current value of -67534.7 is lower than the 12 month moving average of -27614.8.Czech Republic’s government revenues icnreased to 134808.0 by 11.91% on November 2020 from 120459.0 in the previous Monthly. On a year on year basis Czech Republic’s government revenues increased by 3.34%. Czech Republic’s government revenues trend is down since the current value of 134808.0 is lower than the 12 month moving average of 123773.0.Czech Republic’s fiscal expenditure icnreased to 202342.0 by 42.75% on November 2020 from 141744.0 in the previous Monthly. On a year on year basis Czech Republic’s fiscal expenditure increased by 35.34%. Czech Republic’s fiscal expenditure trend is down since the current value of 202342.0 is lower than the 12 month moving average of 151388.0.

Czech Republic Monetary Policy

 

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
interest rate0.251-0.75-0.875-1.0-1.00.01666672020-05-07
central bank balance sheet360753035504200.01608540.0558954-1.01.00.4333332021-02-28
banks balance sheet873412086610800.008433130.06509241.01.00.552021-02-28
money supply m06880996858150.003330340.07615521.01.00.5166672021-05-31
money supply m1513025050810800.009677080.1398121.01.00.8166672021-05-31
money supply m2550751054716100.006561140.1004871.01.00.7666672021-05-31
money supply m3558109055681500.002323930.1023941.01.00.7666672021-04-30

Czech Republic’s interest rate decreased to 0.25 by -75.0% on May 2020 from 1.0 in the previous Daily. On a year on year basis Czech Republic’s interest rate decreased by -87.5%. Czech Republic’s interest rate trend is down since the current value of 0.25 is lower than the 12 month moving average of 1.77083.Czech Republic’s central bank balance sheet icnreased to 3684770.0 by 4.26% on September 2020 from 3534150.0 in the previous Monthly. On a year on year basis Czech Republic’s central bank balance sheet increased by 7.35%. Czech Republic’s central bank balance sheet trend is down since the current value of 3684770.0 is lower than the 12 month moving average of 3536800.0.Czech Republic’s banks balance sheet decreased to 8550220.0 by -0.67% on September 2020 from 8607660.0 in the previous Monthly. On a year on year basis Czech Republic’s banks balance sheet increased by 5.63%. Czech Republic’s banks balance sheet trend is down since the current value of 8550220.0 is lower than the 12 month moving average of 8357720.0.Czech Republic’s money supply m2 icnreased to 5235470.0 by 0.41% on November 2020 from 5214260.0 in the previous Monthly. On a year on year basis Czech Republic’s money supply m2 increased by 10.79%. Czech Republic’s money supply m2 trend is down since the current value of 5235470.0 is lower than the 12 month moving average of 4995540.0.

Czech Republic Employment

 

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
EEI - Employment Composite97900.07777780.1872711.01.00.9833332021-04-01
unemployment rate3.73.9-0.05128210-1.0-1.00.7583332021-06-30
youth unemployment rate7.58.3-0.0963855-0.0625-1.0-1.00.6333332021-05-31
long term unemployment rate0.70.60.166667-0.1251.0-1.00.62020-10-01

Czech Republic’s EEI – Employment Composite decreased to 90.0 by -343.0% on January 2021 from 93.2 in the previous . On a year on year basis Czech Republic’s EEI – Employment Composite decreased by -1098.0%. Czech Republic’s EEI – Employment Composite trend is down since the current value of 90.0 is lower than the 12 month moving average of 89.75.Czech Republic’s unemployment rate icnreased to 3.8 by 2.7% on November 2020 from 3.7 in the previous Monthly. On a year on year basis Czech Republic’s unemployment rate increased by 46.15%. Czech Republic’s unemployment rate trend is down since the current value of 3.8 is lower than the 12 month moving average of 3.46667.Czech Republic’s youth unemployment rate decreased to 7.9 by -1.25% on October 2020 from 8.0 in the previous Monthly. On a year on year basis Czech Republic’s youth unemployment rate increased by 54.9%. Czech Republic’s youth unemployment rate trend is down since the current value of 7.9 is lower than the 12 month moving average of 7.09167.Czech Republic’s long term unemployment rate icnreased to 0.6 by 20.0% on February 2020 from 0.5 in the previous Quarterly. On a year on year basis Czech Republic’s long term unemployment rate decreased by -45.45%. Czech Republic’s long term unemployment rate trend is down since the current value of 0.6 is lower than the 12 month moving average of 0.675.

Czech Republic Trade & Capital Flows

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
current account3075.3678.283.533970.3333771.01.00.552021-01-01
current account to gdp-0.40.3-2.33333-0.9130431.01.002019-01-31
exports3741023097750.2076570.2907771.01.012021-03-31
imports3555942872780.2378050.2308761.01.012021-03-31
balance of trade634720913-0.696505-12.1156-1.01.00.03333332021-05-31
capital flows-8524.6639670.5-1.21489-1.345-1.0-1.00.32021-05-31
foreign direct investment146052173747-0.159398-0.933293-1.0-1.002020-01-28

Czech Republic’s current account icnreased to 2591.36 by 739.14% on July 2020 from 308.811 in the previous Quarterly. On a year on year basis Czech Republic’s current account decreased by -316.21%. Czech Republic’s current account trend is down since the current value of 2591.36 is lower than the 12 month moving average of 522.883.Czech Republic’s current account to gdp decreased to -0.4 by -233.33% on January 2019 from 0.3 in the previous Yearly. On a year on year basis Czech Republic’s current account to gdp decreased by -91.3%. Czech Republic’s current account to gdp trend is down since the current value of -0.4 is lower than the 12 month moving average of -0.75.Czech Republic’s exports icnreased to 359577.0 by 7.87% on October 2020 from 333334.0 in the previous Monthly. On a year on year basis Czech Republic’s exports increased by 5.55%. Czech Republic’s exports trend is down since the current value of 359577.0 is lower than the 12 month moving average of 287253.0.Czech Republic’s imports icnreased to 326186.0 by 9.48% on October 2020 from 297949.0 in the previous Monthly. On a year on year basis Czech Republic’s imports decreased by -1.66%. Czech Republic’s imports trend is down since the current value of 326186.0 is lower than the 12 month moving average of 275081.0.Czech Republic’s balance of trade decreased to 33391.0 by -5.64% on October 2020 from 35385.0 in the previous Monthly. On a year on year basis Czech Republic’s balance of trade increased by 272.38%. Czech Republic’s balance of trade trend is down since the current value of 33391.0 is lower than the 12 month moving average of 11382.0.Czech Republic’s capital flows decreased to -473.15 by -100.76% on October 2020 from 62024.4 in the previous Monthly. On a year on year basis Czech Republic’s capital flows decreased by -103.99%. Czech Republic’s capital flows trend is down since the current value of -473.15 is lower than the 12 month moving average of 23556.0.Czech Republic’s foreign direct investment icnreased to 173747.0 by 51.51% on February 2018 from 114674.0 in the previous Yearly. On a year on year basis Czech Republic’s foreign direct investment decreased by -91.45%. Czech Republic’s foreign direct investment trend is down since the current value of 173747.0 is lower than the 12 month moving average of 1718940.0.

Czech Republic Reserves

ActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
foreign exchange reserves1690701667900.01366990.1233591.01.00.62021-05-31
gold reserves9.549.480.006329110.01489361.01.012021-01-01

Czech Republic’s foreign exchange reserves icnreased to 159961.0 by 1.29% on November 2020 from 157928.0 in the previous Monthly. On a year on year basis Czech Republic’s foreign exchange reserves increased by 9.13%. Czech Republic’s foreign exchange reserves trend is down since the current value of 159961.0 is lower than the 12 month moving average of 152607.0.Czech Republic’s gold reserves decreased to 8.87 by -1.44% on May 2020 from 9.0 in the previous Quarterly. On a year on year basis Czech Republic’s gold reserves decreased by -6.04%. Czech Republic’s gold reserves trend is down since the current value of 8.87 is lower than the 12 month moving average of 8.70417.Czech Republic’s government debt icnreased to 1740470.0 by 0.34% on January 2019 from 1734630.0 in the previous Yearly. On a year on year basis Czech Republic’s government debt increased by 63.35%. Czech Republic’s government debt trend is down since the current value of 1740470.0 is lower than the 12 month moving average of 1656640.0.Czech Republic’s government debt to gdp decreased to 30.8 by -5.52% on January 2019 from 32.6 in the previous Yearly. On a year on year basis Czech Republic’s government debt to gdp increased by 12.0%. Czech Republic’s government debt to gdp trend is down since the current value of 30.8 is lower than the 12 month moving average of 37.1333.Czech Republic’s external debt decreased to 161316.0 by -1.97% on July 2020 from 164566.0 in the previous Quarterly. On a year on year basis Czech Republic’s external debt decreased by -6.15%. Czech Republic’s external debt trend is down since the current value of 161316.0 is lower than the 12 month moving average of 168200.0.

Czech Republic Debt

DebtActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
government debt174047017346300.003366710.6334621.01.002019-01-31
government debt to gdp38.130.30.2574260.346291.01.002020-01-31
external debt1647701638800.0054308-0.0254448-1.0-1.00.052021-01-01

Czech Republic’s government debt icnreased to 1740470.0 by 0.34% on January 2019 from 1734630.0 in the previous Yearly. On a year on year basis Czech Republic’s government debt increased by 63.35%. Czech Republic’s government debt trend is down since the current value of 1740470.0 is lower than the 12 month moving average of 1656640.0.Czech Republic’s government debt to gdp decreased to 30.8 by -5.52% on January 2019 from 32.6 in the previous Yearly. On a year on year basis Czech Republic’s government debt to gdp increased by 12.0%. Czech Republic’s government debt to gdp trend is down since the current value of 30.8 is lower than the 12 month moving average of 37.1333.Czech Republic’s external debt decreased to 161316.0 by -1.97% on July 2020 from 164566.0 in the previous Quarterly. On a year on year basis Czech Republic’s external debt decreased by -6.15%. Czech Republic’s external debt trend is down since the current value of 161316.0 is lower than the 12 month moving average of 168200.0.

Czech Republic Banking activity

Fiscal PolicyActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
interbank rate0.170.1700-1.0-1.00.5083332021-04-27
deposit interest rate0.050.050-0.95-1.0-1.00.08333332021-01-31
loans to private sector114528011396200.004966570.0073089-1.01.00.06666672021-02-28
lending rate1.2510.250.251.01.00.5833332021-06-30
cash reserve ratio2200-1.0-1.00.5083332020-01-31

Czech Republic’s interbank rate Czech Republic’s interbank rate trend is down since the current value of 0.17 is lower than the 12 month moving average of 0.17.Czech Republic’s deposit interest rate On a year on year basis Czech Republic’s deposit interest rate increased by 33.33%. Czech Republic’s deposit interest rate trend is down since the current value of 1.0 is lower than the 12 month moving average of 0.895833.Czech Republic’s balance of trade decreased to 33391.0 by -5.64% on October 2020 from 35385.0 in the previous Monthly. On a year on year basis Czech Republic’s balance of trade increased by 272.38%. Czech Republic’s balance of trade trend is down since the current value of 33391.0 is lower than the 12 month moving average of 11382.0.Czech Republic’s loans to private sector icnreased to 1177530.0 by 0.8% on September 2020 from 1168180.0 in the previous Monthly. On a year on year basis Czech Republic’s loans to private sector increased by 2.1%. Czech Republic’s loans to private sector trend is down since the current value of 1177530.0 is lower than the 12 month moving average of 1161290.0.Czech Republic’s lending rate decreased to 1.0 by -50.0% on May 2020 from 2.0 in the previous Monthly. On a year on year basis Czech Republic’s lending rate decreased by -66.67%. Czech Republic’s lending rate trend is down since the current value of 1.0 is lower than the 12 month moving average of 2.75.Czech Republic’s cash reserve ratio Czech Republic’s cash reserve ratio trend is down since the current value of 2.0 is lower than the 12 month moving average of 2.0.

 

Czech Republic macroeconomic model analysis

The two most important economic indicators of the Czech Republic economy are real economic growth expectations and inflation. MacroVar uses Czech Republic Manufacturing ESI Order Books to gauge economic growth expectations and Czech Republic Manufacturing ESI Selling Price expectations of next months to gauge inflation expectations. Czech Republic’s economy is healthy when it generates stable economic growth with low inflation. Policymakers (the government and the central bank) use fiscal and monetary policy to inject liquidity during slowdowns (to solve weak economic growth) and withdraw liquidity from an overheating economy (to solve high inflation).

The four economic environments

There are 4 economic environments based on economic growth and inflationary conditions. Financial assets are affected by economic growth and inflation expectations as explained in the diagram below.
MacroVar Growth Inflation Model

Read more on how to analyze a country’s macroeconomics in detail. MacroVar also provides a detailed analysis of  the global economy and the 40 largest economic in the world.Click here to learn more.
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