2 620,00 USD

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

Economy: Analysts: Average wage in the Czech Republic fell in real terms in the third quarter. Chinese industry and retail grew more than expected, but deflation still threatens. Prague's self-employed person of the year: The best marketing is to be your own influencer. Sales in services continue to decline, falling by 5.2 percent year-on-year in the third quarter. Analysts: Concerns about economic developments are reflected in the decline in retail sales. The inflation rate in Japan rose to 3.3 percent in October, and services are also becoming more expensive. During rate negotiations, the Czech National Bank was concerned about price adjustments due to rising energy prices. Inflation in Britain fell sharply, with a value of 4.6 percent, it is the lowest in two years. Analysts: The foreign trade surplus is more likely due to a faster decline in imports. The Czech National Bank has improved its estimate of this year's public finance deficit to 3.6 percent of GDP. China has recorded a foreign investment deficit for the first time since 1998. The most valuable Czech companies are ČEZ, EPH and Agrofert, according to the Seznam Zpráv ranking. Unemployment in the Czech Republic fell to 3.5 percent in October, which surprised analysts. Analysts: The real purchasing power of Czechs has decreased to the level of 2018. S.A.B. Aerospace increased sales by 70 percent last year to 185 million crowns. CSSA: The number of entrepreneurs in the Czech Republic increased by 27,000 this year to a record 1.131 million. Inflation in Germany surprisingly fell significantly in November, to 2.3 percent. Inflation in Turkey rose to 62 percent in November, mainly housing is more expensive. The price of Russian Urals oil fell in November, but remained above the price ceiling. CRIF: In October, 1,067 companies were added to the Czech Republic, 172 fewer than in the same period last year. The inflation rate in Hungary fell below ten percent in October for the first time since last spring. Survey: Companies want to invest by the end of the year as much as at the beginning of the year.

Stock exchanges: Commodity prices on the markets have mostly fallen this year, their index has written off 8.5 percent. The price of gold has climbed above $2,000 per troy ounce again. The Czech company Mineral Ventures Invest has entered the main market of the London Stock Exchange. The price of gold has climbed to a record high after the speech of Fed Chairman Powell.

Finance: Turkey has raised its base interest rate to 40 percent due to high inflation. From today, only platforms licensed by the Czech National Bank can offer investment crowdfunding. CBA: To send money to some banks, the recipient's phone number is enough. The governor of the Polish central bank, Glapiński, defends himself against critics of his leadership style. The banking association expects a 0.4 percent drop in GDP this year, and a 1.8 percent growth next year. Index: Equity mutual funds lost money to investors in October, while bond funds made money. Association: Non-banking companies provided 11 percent more money in three quarters. The Czech National Bank warned against the company LeadX Group Ltd., which offers investments. IMF: Rapid easing of monetary policy in the eurozone would be a costly mistake. According to the head of the central bank, the decline in inflation in Poland will slow down. Registries: Czech debt rose by 3.5 percent in the third quarter to CZK 3.26 trillion. Hypoindex: The average mortgage rate fell to 6.01 percent in early November. Entrepreneurs Tykač and Holeček established a foundation that will support the CEVRO school. Analyst: Commodity prices on the markets have rather fallen this year, the index is in the negative 6.8 percent. The Polish central bank left interest rates unchanged, a decrease was expected. The Czech National Bank has eased mortgage rules, but experts do not expect a major market recovery. Raiffeisenbank's net profit fell by 27.5 percent this year to CZK 3.96 billion. Bloomberg: Banks from Thailand and Korea want Home Credit's activities in Vietnam. Hypomonitor: The volume of mortgages in October rose by 123 percent year-on-year, rates fell.