Czech National Bank

USDCZK testing strong support

Currency pair USDCZK has been testing strong support since last week as it fell to 16,87 after weak dollar and renewed risk appetite helped drive Czech currency (koruna) to its 14-month high. The Czech currency started to rise...

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Industrial producer prices fall by 4.6% in October

Prague, Nov 16 (CTK) - Czech industrial producer prices fell by 4.6 percent year-on-year in October, a slowdown after a 5.4 percent drop the previous month, the Czech Statistical Office (CSU) said Tuesday. Helena Horska from...

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Tůma: Setting euro adoption date now makes no sense

Prague, Nov 13 (CTK) - The condition of the Czech Republic's public finances has deteriorated so much that it has no sense to set any date for euro adoption, Czech National Bank (CNB) governor Zdenek Tuma said at Friday's...

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Tůma doesn't believe economy will return to 5% growth soon

ČTK Czech National Bank (CNB) governor Zdeněk Tůma is sceptical about forecasts of the Czech economy returning to a growth around 5% in the coming years, Tůma said at a conference of the firm KPMG yesterday.

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European Economics Preview: BoE Quarterly Inflation Report Due

Wednesday, major events due for the day include the release of the Bank of England's quarterly Inflation Report and the British claimant count data. At 3:00 am ET, the Czech statistical office is slated to issue final...

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UPDATE - Czech c.bank chief gives up EU job candidacy (at Reuters)

Czech c.bank chief Tuma gives up candidacy for EU job * Will remain at central bank * Cabinet to seek another candidate Tuesday (Adds Tuma quote, background) PRAGUE, Nov 9 (Reuters) - Czech central bank Governor Zdenek Tuma...

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Consumer prices reach bottom in Oct, to rise again in Nov

Prague, Nov 9 (CTK) - Czech consumer prices have reached their bottom in October and should start rising again in November, analysts polled by CTK said yesterday. At the beginning of 2020, inflation could stand at around 1...

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Polish inflation in the focus this week

Czech Republic The Czech trade balance continues to show huge surpluses Hungary Industrial production back in positive territory in the third quarter Poland Polish inflation in the focus this week The Week Ahead Will Czech and...

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Czech premier proposes central bank chief for EU executive

Prague - Czech Prime Minister Jan Fischer proposed Zdenek Tuma, the governor of the Czech National Bank, for a post in the European Commission, the premier's office said Sunday. Fischer has said that he would select the Czech...

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ČNB improves GDP forecast to 1.4% growth in 2010

Prague, Nov 5 (CTK) - The Czech National Bank (CNB) in its new forecast expects the national economy to fall by 4.4 percent this year but to grow by 1.4 percent next year, CNB Governor Zdenek Tuma said at a press conference...

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