MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: PBOC Net Injects CNY57 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1315 Fri; -0.52% Y/Y

CHINA PBOC CONDUCTS CNY59 BILLION VIA 7-DAY REVERSE REPOS FRI

Intermediate PPI Deflation Continues To Fade in June

MNI: GERMANY JUNE PPI  +0.2 % M/M (+0.1% FCAST, 0.0% PRIOR)

Disappointing data but no market reaction

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Czechia's Industrial Output Unexpectedly Contracts, Trade Surplus Beats Estimates

CZECHIA
  • Czechia's industrial output unexpectedly contracted in April, with the annual change coming in at -1.8% Y/Y versus +0.4% median estimate, albeit the previous reading was revised hither to +3.1% from +2.4%. Trade surplus narrowed to +CZK8.4bn from the revised +17.4bn, beating the +7.2bn consensus call.
  • Prime Minister Petr Fiala and leaders of ruling coalition parties will meet this afternoon (14:00BST/15:00CEST) to discuss their proposed fiscal consolidation plan with business representatives.
  • As a reminder, Finance Minister Zbynek Stanjura is expected to unveil another round of austerity measures to the tune of CZK20bn this week. Seznam Zpravy reports that he will propose small spending cuts across all departments rather than a few big cuts when he presents his ideas tomorrow.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.