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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.
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Free AccessIndustrial PPI Prints Below Expectations
- Prime Minister Petr Fiala announced that a Czech-led scheme of ammunition purchases may allow to obtain around 1.5mn artillery shells for Ukraine within a year, after already helping secure 500,000 rounds. Fiala noted that about 20 countries joined the initiative to plug gaping holes in Ukraine's firepower as it is trying to repel intensifying Russian attacks.
- Factory-gate industrial prices in Czechia were unchanged from a year ago in March, missing expectations of an 0.3% uptick. In addition, prices fell 0.1% M/M versus +0.3% expected. Agricultural prices were down 13.0% Y/Y, construction work prices rose 1.6% Y/Y and service producer prices in the business sector rose 4.1% Y/Y.
- Hospodarske Noviny reported that that the Labour Ministry proposed an amendment to the Labour Code, which would allow employers to pay workers in euros rather than korunas.
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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.