esko could overcome ken mkk pisn, kaj the latest sla k two in the economy. Taming inflation without an increase in the unemployment rate is a silly primitive phenomenon

Consumers in awe are quickly returning to the economy. In April, their mood in this direction is better, not in response to the long-term average of 2003 and 2023; better not long-term average mood the consumer should have for the entire period from autumn 2021.

The main reason for consumer optimism is the drop in inflation to the level of the Czech National Bank, i.e. the stabilization of price developments in the Czech Republic, and the related drop in food and energy prices. This will keep the unemployment rate at the lowest level in the EU. Considering that the domestic economy as a whole should show a slight growth this year, it can be concluded that the Czech Republic is slowly but surely completing the maneuver of the mkkho pistina. He is an idiot historically. A reduction in inflation usually leads to a deep recession and a significant rise in the unemployment rate, i.e. an overall hard hit

The aggregate indicator of the door in the economy, however, even in April, the consumer mood improved significantly in the long-term below-average level, where the long-term below-average sentiment of the entrepreneur pulls it down. Nicmn i nlada entrepreneur, or In comparison, the corporate world has stuck together.

Entrepreneurs owe the fact that this year’s economic growth should still only be relatively weak. Meet the extremely high annual interest rates and the effects of the German economy’s poor performance. Even so, the entrepreneur’s mood in April is the best it has been in the past year. Mainly due to the prospect of higher annual rates and the improved state of the German economy. The mood of businessmen in services has noticeably improved. First of all, in the services of the drunkard, the relatively strong inflation pressures persist. However, the improved mood of the consumer is so strong that even a dog on the price of services shows more demand for them, as evidenced by the fact that the entrepreneur is in a better mood in services, which is the best since the year 2022.

Continuing the positive development of food and energy prices and the annual decline in interest rates should contribute to the overall indicator of total doors in the economy in the five months of the summer year in a positive direction, i.e. in a positive direction, the long-term answer is above average.

Luk Kovanda, Ph.D.

Chief Economist Trinity Bank