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CZECHIA: PM Fiala’s Illness Leaves State Budget Meetings Uncertain

CZECHIA
EM BulletBulletGlobalEmerging Market NewsCentral and Eastern EuropeRegionCzechia
  • On last week’s economic data, Fintag writes that while soft industrial production was not surprising, the sharp trade balance deficit was unexpected. The piece writes that it was the first deficit of the year so far, with the stagnation of motor vehicle and parts exports largely responsible – countering the positive impact from the computer parts and technology industry – the main export contributor.
  • PM Fiala has cancelled his Monday appointments due to illness – but will return to work “soon” according to his social media post. His absence leaves some uncertainty around whether he will take part in the coalition meetings set for today ahead of tomorrow’s state budget announcement.
  • Gas reservoirs in the country have reached 93% capacity – higher than the recent running average headed into winter.
  • Unemployment rate data released this morning showed August unemployment unchanged at 3.8% 
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  • On last week’s economic data, Fintag writes that while soft industrial production was not surprising, the sharp trade balance deficit was unexpected. The piece writes that it was the first deficit of the year so far, with the stagnation of motor vehicle and parts exports largely responsible – countering the positive impact from the computer parts and technology industry – the main export contributor.
  • PM Fiala has cancelled his Monday appointments due to illness – but will return to work “soon” according to his social media post. His absence leaves some uncertainty around whether he will take part in the coalition meetings set for today ahead of tomorrow’s state budget announcement.
  • Gas reservoirs in the country have reached 93% capacity – higher than the recent running average headed into winter.
  • Unemployment rate data released this morning showed August unemployment unchanged at 3.8%