Unemployment in Czech Republic
Czech Republic - UnemploymentRecently-released national accounts data revealed the economy ended last year on a solid note, with annual growth in Q4 accelerating from the modest showing in Q3 and landing well above market expectations. Notably, quarterly growth picked up to a one-and-half-year high. Soaring fixed investment, particularly in construction and machinery equipment, and healthy private consumption—buttressed by an overheated labor market, brisk wage growth and elevated consumer confidence—drove the fourth-quarter expansion. Meanwhile, the external sector dragged only marginally on overall growth, with exports holding surprisingly strong despite the recent slowdown in the Eurozone. Looking ahead, available data hints at softening activity at the start of this year: The manufacturing PMI slid yet again in February amid falling output and new orders, remaining in contractionary territory for the third month running.
Czech Republic - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Czech Republic Unemployment Chart
Source: Czech Statistical Office.
Czech Republic Facts
|Bond Yield||1.88||-1.85 %||Mar 11|
|Exchange Rate||22.82||-0.66 %||Mar 11|
|Stock Market||1,060||-0.10 %||Mar 11|
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March 15, 2019
Industrial production tumbled 1.1% year-on-year in January, following December’s sharper 1.5% drop.
March 11, 2019
Consumer prices rose 0.2% from the previous month in February, following January’s 1.0% month-on-month increase.
March 1, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit edged down from 49.0 in January to 48.6 in February, marking the third consecutive monthly contraction of the all-important sector and an over six-year low.
March 1, 2019
A detailed breakdown of GDP released by the Statistical Institute on 1 March revealed the economy ended 2018 on a solid note, performing better than expected by market analysts.
February 25, 2019
The economic sentiment indicator, a composite confidence indicator published by the Czech Statistical Office (CSO), ticked up to 98.2 in February from 98.0 in January, which had marked an 18-month low.