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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: Analysts: The Czech economy is in imbalance, but there is no threat of a currency crisis. Lasselsberger will sell 27 million m2 of ceramic tiles this year, i.e. less than last year. Sokolovská uhelná considers the tax on extraordinary profits unfair. Analysts: Industry grew the least in November since July, thanks only to car production. Analysts criticize the government for not reforming public finances in its first year. Chinese imports and exports fell the most in November in two and a half years. The Australian central bank raised interest rates to a ten-year high of 3.10 percent. Analysis: Real wages in the Czech Republic are falling the most among OECD countries and since the founding of the state. ČSOB analysts: Inflation in the Czech Republic will fall to ten percent in 2023. The Indian central bank raised the base interest rate to 6.25 percent, worsened the outlook. The Chamber of Deputies approved the budget for next year with a deficit of 295 billion crowns. OECD: The global slowdown will hit Europe the hardest next year. Nomura: The Czech Republic, Hungary and Romania face the risk of a currency crisis. The company of the year 2022 is Biohealing, the sole proprietor is farmer Jan Bošina. Unemployment in Slovakia fell to a more than two-year low of 5.90 percent. Confidence in the economy increased slightly in November, entrepreneurs remain pessimistic Special instructions: In paragraphs 1, 4 and 5, we have added the opinions of analysts, in paragraphs 6 to 9, additional information from the survey. The Chamber of Commerce has published a yearbook for the Karlovy Vary region, mapping its condition. According to analysts, the eurozone economy will decline next year, also due to inflation. Survey: German companies expect only a slight recession in the German economy. Survey: Investments from the US and Europe to China often go through tax havens. According to a CRIF study, the number of bankruptcies of companies and entrepreneurs in the Czech Republic decreased last year. Study: Czech companies invest CZK 61 billion in digitalization in three years. The Czech Republic enters 2023 with a presidential election, people will go to the polls again in a year. Further increase in rates in the US could throw stock markets into chaos, investor believes. The Czech National Bank left the limits for providing mortgages unchanged. The Ministry of Finance and the Czech National Bank recommend that the government not set a date for adopting the euro yet. The New Zealand central bank raised the base interest rate, warning of a recession. Survey: Almost half of Poles intend to limit spending on Christmas gifts this year. The Turkish central bank has cut interest rates to nine percent despite high inflation.

Stock exchanges: Gas for the European market continues to fall in price, reaching 70 euros per MWh in the morning. The price of gas for the European market has fallen below 70 euros per megawatt hour. 2023 will be a difficult year for investing, analysts recommend bonds or gold. Analysts: A ceiling on gas prices may worsen the energy crisis. Kovohutě Příbram has built a pilot line for recycling lithium batteries. Bloomberg: India is the main driver of the steel industry thanks to construction.

Finance: Auditing firm Mazars has suspended cooperation with clients from the crypto world. US regulators have issued a joint warning to banks about the risks of cryptocurrencies. Analyst: Oil and gas prices have increased this year, industrial metals have generally become cheaper. The number of payment cards issued in the Czech Republic increased by 400,000 year-on-year to 13.65 million. This year, 136,000 people joined supplementary pension savings to 1.6 million. Servers: Xixoio management faces suspicion of fraud, damage is half a billion crowns. Home Credit sells assets in the Philippines and Indonesia for almost 15 billion CZK. Cryptocurrency lending company Nexo will end its activities in the USA. CNBC: SpaceX will receive 750 million USD from investors. Buffett's company Berkshire increased its stakes in five Japanese trading companies.