MNI China Daily Summary: Wednesday, February 19

MNI BRIEF: China Jan Utilised FDI Lower Than Last Year

MNI BRIEF: China Unveils Plan To Attract Foreign Investors

MNI BRIEF: China To Ensure Credit Supply For Private Companies

MNI BRIEF: China Bond Connect Holdings Down In January

MNI: China Tier-one Housing Markets Likely To Stabilise

MNI: US MBA: MARKET COMPOSITE -6.6% SA THRU FEB 14 WK

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

MNI: UK JAN CPI -0.1% M/M, +3% Y/Y

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CZECHIA: Budget Deficit Shrinks In January Relative To Previous Year

CZECHIA
EM BulletBulletEmerging Market NewsCentral and Eastern EuropeCzechia
  • Czechia's budget deficit was CZK11.2bn in January, according to fresh data released yesterday. Finance Minister Zbynek Stanjura said that the fiscal gap at the end of the month was CZK15bn lower than a year earlier, which was possible thanks to higher tax receipts. The data allowed Stanjura to breathe a sigh of relief after pundits deemed the assumptions of his 2025 state budget overly optimistic, which led President Petr Pavel to mull refusing to sign it into law. The latest edition of the Finance Ministry's quarterly forecasts already saw a revision of the 2025 growth outlook to +2.3% Y/Y from +2.5%.
  • Prime Minister Petr Fiala will participate in a meeting of a governmental strategic investments committee this afternoon, with a press briefing scheduled for 14:30GMT/15:30CET.
  • The local economic docket is virtually empty today, with retail sales coming up tomorrow. The focus will then turn to Thursday's industrial output (BBG est. -3.5% Y/Y), flash CPI data (BBG est. +2.6% Y/Y) and CNB rate decision (exp. unchanged).
163 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Czechia's budget deficit was CZK11.2bn in January, according to fresh data released yesterday. Finance Minister Zbynek Stanjura said that the fiscal gap at the end of the month was CZK15bn lower than a year earlier, which was possible thanks to higher tax receipts. The data allowed Stanjura to breathe a sigh of relief after pundits deemed the assumptions of his 2025 state budget overly optimistic, which led President Petr Pavel to mull refusing to sign it into law. The latest edition of the Finance Ministry's quarterly forecasts already saw a revision of the 2025 growth outlook to +2.3% Y/Y from +2.5%.
  • Prime Minister Petr Fiala will participate in a meeting of a governmental strategic investments committee this afternoon, with a press briefing scheduled for 14:30GMT/15:30CET.
  • The local economic docket is virtually empty today, with retail sales coming up tomorrow. The focus will then turn to Thursday's industrial output (BBG est. -3.5% Y/Y), flash CPI data (BBG est. +2.6% Y/Y) and CNB rate decision (exp. unchanged).