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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 AccessRetail Sales Contract More Than Expected
- Czechia's retail sales (ex auto) tumbled 9.4% Y/Y in October, printing below the expected -6.4% level. The September reading was revised to -5.3% from -5.6%. The CZSO said that "the rate of decline deepened especially for non-food goods, but also for food and fuel."
- Czechia's leaders are on diplomatic duty today, as Prime Minister Petr Fiala is set to participate in a meeting of EU leaders and Western Balkan nations, Foreign Minister Jan Lipavsky meets with V4 counterparts and Finance Minister Zbynek Stanjura attends a meeting of EU finance chiefs.
- Lidove Noviny reports that while Czech users have cut down their use of gas this year (by 20% Y/Y between January and November), not all customers have been saving energy. Gas consumption is growing among smaller businesses, while the industry, commerce and services firms need more electricity.
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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.