Latest comment from financial markets

Monthly forecast: Inflation will push the CNB to raise rates again

12/3/2021 1:40 PM

Despite the waiver of VAT on energy, the data released in December will show inflation close to 6%. The average wage is growing at a decent pace, but most of it is being wiped out by inflation. Industry is still in decline. Retail sales excluding the automotive segment will remain at similar levels as in previous months, but car sales alone are likely to decline further.

Autor: Michal Brožka Show more

Latest comment from the equity market

Company notes: Moneta: PPF has adjusted the takeover bid for Moneta

11/19/2021 12:02 PM

Moneta announced that PPF has adjusted the terms of the acquisition of the Air Bank Group.

The total purchase price for the Air Bank Group remains unchanged at CZK25.9bn. This will be financed by at least an 80% capital increase (issue of new shares);the rest will be paid from excess capital.

Autor: Bohumil Trampota Show more