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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: Budget execution should not depend on dividend withdrawal, says opposition. Analysts: Industrial production in the Czech Republic fell the most in July since April last year. Budget deficit fell to 194.6 billion crowns at the end of August. Analysts: Inflation is falling due to the comparative base, the effect is wearing off. Indian company Adani faces accusations that it manipulated the price of its companies' shares. Česmad: Orders for truck carriers are decreasing, this may be a harbinger of a crisis. The inflation rate in Turkey is increasing significantly again, reaching 58.9 percent. Colliers: The industrial real estate market has grown the most in five years. Rhodium: Western companies are redirecting investments from China to India and other countries. China emerged from deflation in August. Inflation in the eurozone remained at 5.3 percent in August, growth was expected to moderate. Inflation in Germany slowed to 6.4 percent in August according to the EU methodology. Analysts: Higher costs are behind the decline in construction output, it is not worth building. UN: Damage caused by the spread of invasive species is approximately 423 billion USD per year. Moody's: Due to persistent high inflation, global economic growth will slow down. Unemployment in the Czech Republic rose to 3.6 percent, economic stagnation is not reflected in it. Industrial production fell in July, construction also fell, trade in deficit. HK analysis: The Czech Republic has exhausted all growth factors, lost its competitive advantages. Study: There were more bankruptcies of companies and entrepreneurs in the Czech Republic in August. Inflation in the Czech Republic is the fifth highest in OECD countries, a study has found. Fuel prices in the Czech Republic have risen further this week, reaching multi-month highs. Business activity in the eurozone is falling rapidly, and the service sector is already in recession.

Stock exchanges: Bloomberg: Prices for one of the most popular diamond sizes are falling sharply. The price of gold has fallen to a five-month low of below $1,890 per ounce. Russian mining giant Alrosa will open a new diamond mine in the Russian Far East.

Finance: China has reduced the minimum reserve requirement for banks for the second time this year. Comparator: The volume of corporate bonds fell in June, but yields rose. The Czech Republic is threatened by weak growth associated with higher inflation, warns economist Horská. Russian Raiffeisenbank introduces a fee of 1000 USD for dollar transfers to Russian accounts. BBC: Former head of the British central bank will head the board of directors of Bloomberg. Czech National Bank launches a registry that will allow sending money to a phone number. Turkish Central Bank unexpectedly raised the base interest rate to 25 percent. Survey: A quarter of people in the Czech Republic have encountered a store that stopped accepting cards. Reuters: British bank Barclays plans to lay off 400 people. CNBC: Fitch agency warns of downgrading dozens of banks, including JP Morgan. Experts: The abolition of interest on banks' reserves at the Czech National Bank will make loans more expensive or reduce deposit interest rates. Comparator: Ten bond issuers have been insolvent in a year and a half, or 1.7 percent. Hypoindex: The average mortgage rate fell to 6.1 percent at the beginning of September. Hungarians are withdrawing money from banks en masse due to inflation and buying government bonds. Association: The number of payment cards in the Czech Republic has increased by 750,000 this year to 14.75 million. Renáta Kellnerová and her family now own the entire PPF investment group. Russian Sberbank will pay three billion rubles in extraordinary tax to the budget. S&P agency downgrades Casino chain, indicates probable bankruptcy. Indian minister: The dollar will not lose its influence in the global economy for a long time. Analyst: Commodity prices on the markets have been falling this year, the index is down five percent.