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ZLATOVNA ECONOMIC NEWS
A quick look at what's new in the world of economic policy, finance and precious metals.

Economy: The British economy shrank slightly in the third quarter, a recession looms. The inflation rate in Turkey accelerated to 64.8 percent in December, the highest in a year. The outcome of the CNB's negotiations on interest rates is uncertain, according to analysts. Analysts: The real purchasing power of Czechs has decreased to the level of 2018. The global value of mergers and acquisitions has fallen below three trillion dollars this year. Institutes: The German economy will grow significantly slower than expected next year. Chains react to VAT changes with actions, according to analysts, it is mainly marketing. Analysts: The impact of economic stagnation on unemployment is minimal. Business activity in the eurozone surprisingly decreased again in December. Inflation in Germany fell surprisingly significantly in November, to 2.3 percent. Experts: Inflation in the Czech Republic will weaken next year, the economy is expected to recover slightly. S.A.B. Aerospace increased sales by 70 percent last year to 185 million crowns. Around 100,000 people will have to file property tax returns in January. The Czech economy will no longer avoid a decline this year, analysts agree. CNB: The balance of payments ended the third quarter with a surplus of 4.6 billion CZK. Study: People underestimate the wealth inequality between the rich and the poor. CNB has lowered interest rates, according to Michl, inflationary pressures are fading. Year-on-year price growth slowed to 7.3 percent in November, the Czech Statistical Office announced. Analysts: The average wage in the Czech Republic fell in real terms in the third quarter. Japan's economy shrank by 2.9 percent in the third quarter, less than expected. Stock: The trend of lower consumption of spirits continues, it will be affected by higher taxes next year. The price of Russian Urals oil fell in November, but remained above the price ceiling. ČNB: The Czech Republic's foreign debt rose to CZK 4.546 trillion in the third quarter. According to analysts, October's industrial growth was more of a fluctuation than a change in trend. Inflation in November was 7.3 percent, experts expect a sharp decline in January.

Stock exchanges: The price of emission allowances in the EU fell below 72 euros per ton due to the slowdown in industry. Bloomberg: The fall in the price of lithium is deepening, already reaching 75 percent this year. The price of gold rose to a six-month high near $2,020 per ounce. CNBC: Copper prices could rise by more than 75 percent in the next two years. The price of gold rose the most in three years this year, ending above $2,000.

Finance: Analysis: The Czech Republic is among the countries in Europe with the highest increase in the number of card payments. Bloomberg: Billionaire Vítek founded companies in the Emirate of Abu Dhabi. Bloomberg: SpaceX offered additional shares, the company's value exceeds $175 billion. Over 400,000 people activated the contactless payment service in one month. According to analysts, investments next year will hardly surpass this year's stock growth. The head of the German central bank warned against hasty interest rate cuts. The Czech National Bank eased mortgage rules, but experts do not expect a major market recovery. The Russian central bank, as expected, raised the base interest rate to 16 percent. The Hungarian central bank has cut its base rate by 75 basis points to 10.75 percent. Retail investors invest significantly more in ETFs than institutions, a survey has found. The ECB is imposing stricter requirements on France's Société Générale due to risk. US public debt has exceeded USD 34 trillion for the first time. Survey: Christmas will be more modest this year, 60 percent of Czechs will save on gifts. CNB: Banks' gross profit increased by CZK 5.5 billion to CZK 180.1 billion in three quarters. Iran and Russia will not trade in dollars, but in their own currencies.