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Foreign Minister to Meet with Hungarian Counterpart, Attention Shifts to CNB Next Week

CZECHIA
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  • Foreign Minister Jan Lipavsky scheduled to meet his Hungarian counterpart Peter Szijjarto in Budapest today to discuss the two countries’ mutual relations and Russia’s invasion of Ukraine.
  • According to data from the CCS company, Czech fuel prices at filling stations keep rising, with the average price of the top-selling petrol Natural 95 rising by 28 hellers to CZK40.40 per litre over the past week and that of diesel oil adding 3 hellers to reach CZK39.22 per litre.
  • There are no local data releases scheduled for today. Looking ahead, GDP data for Q1 will cross on Tuesday, while the CNB rate decision on Thursday provides the highlight of the week. As a reminder, Vice Governor Eva Zamrazilova said yesterday she is considering cutting interest rates by 25 or 50bps.
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  • Foreign Minister Jan Lipavsky scheduled to meet his Hungarian counterpart Peter Szijjarto in Budapest today to discuss the two countries’ mutual relations and Russia’s invasion of Ukraine.
  • According to data from the CCS company, Czech fuel prices at filling stations keep rising, with the average price of the top-selling petrol Natural 95 rising by 28 hellers to CZK40.40 per litre over the past week and that of diesel oil adding 3 hellers to reach CZK39.22 per litre.
  • There are no local data releases scheduled for today. Looking ahead, GDP data for Q1 will cross on Tuesday, while the CNB rate decision on Thursday provides the highlight of the week. As a reminder, Vice Governor Eva Zamrazilova said yesterday she is considering cutting interest rates by 25 or 50bps.