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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: Three years after his death, the court cleared Maradona of charges of tax evasion amounting to millions. Sellers: Lower tax on construction work will not significantly affect the price and sales of construction materials. According to analysts, the development of producer prices shows the end of the inflation wave. Experts: The November decline in apartment construction is due to investor distrust. Industrial and construction production fell in November, foreign trade did well. The German economy fell by 0.3 percent last year under the pressure of global crises. Today is the last day to file a property tax return. Inflation in Britain unexpectedly accelerated to four percent in December. According to the central bank, the recovery of the German economy is delayed. The Ministry of Finance expects economic growth of 1.2 percent this year, inflation of 3.1 percent. Analysts: Inflation fell faster in December due to cheaper food. PwC survey: Czech company bosses are more optimistic than a year ago. Analysts estimate December inflation between 7.2 and 7.5 percent and 10.8 percent for the year. Retail trade in the Czech Republic shows year-on-year growth after 18 months, according to analysts' surprise. Analysis: Inflation in the Czech Republic was the fifth highest in Europe in December, sixth in November. More than 250 billionaires and millionaires call on politicians to tax the rich more. The inflation rate in Argentina reached 211 percent, the highest in 32 years. Survey: Inflation is a major source of concern for 49 percent of Czechs. It is the main source of concern. CRIF: 659 company bankruptcies were declared last year, 40 fewer than a year earlier. The IMF improved its estimate of this year's global economic growth to 3.1 percent. Zamrazilová: There must be a broader political consensus on the Czech Republic's entry into the eurozone. Inflation slowed to 6.9 percent in December, a significant drop is expected next year. Bloomberg: The transition to electric cars threatens suppliers in the Czech Republic and Slovakia. The introduction of a global minimum corporate tax will change investment flows, the OECD said. Unemployment in the Czech Republic rose in December, according to analysts due to seasonality. Analysts: GDP is being held back by household consumption, companies maintain increasingly high profitability. Reuters: The poor state of the German economy threatens the Czech Republic and Hungary. The integration of AI in companies is now a necessity, said Pejša from Creative Dock in Davos.

Stock exchanges: Chinese companies are investing seven billion dollars in mining infrastructure in Congo. The price of gas in Europe has fallen below 30 euros per megawatt hour for the first time since August.

Finance: The ECB left the base rate unchanged at 4.50 percent, as expected. Russian banks had a record profit last year thanks to credit growth. China is reducing the minimum reserve requirement for banks, trying to support the economy. The Hungarian central bank has reduced the base rate by three quarters of a point to 10 percent. Large American banks performed differently at the end of the year, Citigroup is in a loss. The large Chinese shadow bank ZEG entered bankruptcy proceedings. Wells Fargo increased its profit in the quarter thanks to lower costs. Banks provided mortgages for CZK 150 billion last year, a quarter less year-on-year. Goldman Sachs increased its profit in the quarter, Morgan Stanley's profit decreased. Hungary has the highest debt service costs in the entire European Union. Survey: Czechs are most concerned about their health, neglect preventive checks. Hypoindex: The average mortgage rate fell to 5.96 percent in early January. Bloomberg: Chinese banks are tightening their approach to Russian clients due to US sanctions. Survey: A third of Czechs are considering putting money away for retirement in DIP. Analysis: All participating pension savings funds made a profit for clients last year.