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Inflation does not mean a bad sign

Price growth in the Czech Republic even after half a year koronakrize does not subside. But it’s still quite acceptable gives for just growing very slowly unemployment.

On the first view it is and looks.

Price growth in the Czech Republic is not slowing down. Meziron tempo inflation in July it was spinning where it was at the time of the new primordial hole koronaviru. Thus, up to 3% up to the SF. It was generally expected that the virus would bring prices down and pace inflation rapidn utlum. It’s gone.

To, e se zmrnn inflation does not appear, nepot penenka leckterho echo. It’s just the flip side of the unexpected development of customs economy. Only you always mra nezamstnanosti according to recent forecasts, it should be above 5% in July. In July, the bag remained below 4%. Understandably, more people are coming prci, tm mn can afford to melt the wheels economy. And in the dark, prices will rise for me. The relationship between unemployment a inflac and this is not the case, but it undoubtedly exists. Unrelenting inflation it is therefore known and for the fact that even after a pandemic, the pandemic is still not mru nezamstnanosti not only in the EU but also among OECD countries. VR is still me nezamstnanch not you in Japan.

Inflation zstv pomrn vysok a unemployment relatively low from one common common ground: domestic economy is open to the debt crutch sttu. No. prostednictvm kurzarbeitu type program, oetovnho, flat deferral of debt repayment and deferral of full tax obligations spills people’s pensions, or they leave them in their pockets.

Lid tak stle maj za Runce, akoli svoj wash do not create and cannot create a corresponding consideration. wheels economy, and therefore also inflation, start not only with economic activity, but with rising debt.

So it is currently low mra nezamstnanosti he knew how to know, he is able to read and feel inflation. If you are heckling about the rapid growth of prices, let him know that in a way it is about gives for that, em stle prci.

800,000 people will now take part in the exchange rate program. Approximately every quarter employee of the private sector is still paid sttem, ie from the pension tax fee and for the price of the leavened debt. But that’s not it. Each tax fee in R thus contributes to the volume of support programs, not the exchange rate or oetovn.

For example pispv on holiday v lznch nkterm spoluobanm. Namely, those who generated a voucher for payment of 4,000 on the website crown of the amount for their stay and subsequently claimed it. So far, the people have generated over 120,000 such vouchers. That answer amounts to 488 million crown. Overall stt, resp. tax fees, fields up to half a billion. This tax will therefore be charged to some of its fellow citizens. At the same time, not all lzesk zazen need such support. Much would be filled with capacity even without the existence of the program “COVID The first and vouchers for an easy stay help to maintain the demand, and to increase it, keep the prices relatively high in the given segments.

if they travel in their country, a place to go to zjezd abroad. Pensions are all in Czech, not for borderswhat is just put the source inflation. In the Czech Republic, not only do you have vouchers for lzn, but also weak crown weak borrowed you euros. It makes it abroad zjezdy, and thus makes domestic tourism more attractive both from the point of view of themselves and from the point of view of foreign visitors. st lid u ns you are yours prci keeps even weakened crown. Ta tak bhem koronavirov crisis, the full role of “polte”, which will help protect the labor market from fatal shocks.

Polt in the form of weakened crown and its own support program dampens the overall decline esk economy, according to pedigree data, fell in the second quarter of mezzanine by almost 11%. Truth, Polish Although the economy fell by about 8%, Slovakia by 12% and Hungary by almost 14%. I subdued the downturn esk economy vysvtluje hdanku vy ne oekvan inflation.

But it mainly explains it simply because we had a good time together in the years before the virus. Our purchasing power grew noticeably due to the rise of relnch mezd (mezd oitnch o inflation).

One treasure for all. According to data published this week by Eurostat, 29% of those aged 18 and 34 lived with their parents last year. This is the least since 2006. The decline in popularity of “mamahotel” may be the first years of prosperity, which lasted before the year of the virus. Living Although it has grown significantly in recent years, the purchasing power of young people has grown more sharply. So they could afford a noticeably more expensive living, and therefore leave the family nest for the first two years, not so did their few years old peers. The peak of popularity of these “mama hotels” in R came in 2015, when 34.4% of young people lived in this way. Young people from the worlds of the financial crisis and their impact, which were clearly evident in the Czech Republic until 2013, were a good choice. 2019 then it brought a gradual decline in popularity living with rhodium.

Drag living so rub in you inflation. As can be seen, in recent years it has become as considerable as it is now inflation, but even this nrst settled a relatively long time first thanks to the rapidly faster growth mezd… Souasn vy inflation in R is still more than any other manifestation of previous years of prosperity and current relative resilience esk economy we coronavir crisis. Hdanka rozlutna.

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