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Unemployment Rate Falls To 3.4%

CZECHIA
  • Most CNB members have been opposed to using CZK to tame inflation according to the central bank’s minutes (from March 31 meeting).
  • This morning, economic data showed that unemployment rate fell to 3.4% in March, down from 3.5% the previous month.
  • Next important economic data to watch is March inflation coming out on April 11 and expected to accelerated to 12.5% YoY.
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  • Most CNB members have been opposed to using CZK to tame inflation according to the central bank’s minutes (from March 31 meeting).
  • This morning, economic data showed that unemployment rate fell to 3.4% in March, down from 3.5% the previous month.
  • Next important economic data to watch is March inflation coming out on April 11 and expected to accelerated to 12.5% YoY.