iPoint (iPoint.cz)
Czech markets  |  January 08, 2013 09:17:34

View stock 8.1: Market idyll at Erste may end soon!



iPoint.cz

Shares yesterday too failed when the markets hit by Monday's traditional sombre mood. This is not spared the PSE, which, as measured by the PX, losing most of the region. It significantly weakened the Czech crown. Currency pair EUR / CZK yesterday rose by 0.7% to 25.54, which was the biggest one-day rise since September. Contributing mainly published worse indicators of industrial production. She fell in November by 3.9% (+0.8% mom) after 4.1% growth in October. The decline is continuing construction. Construction output in November fell year on year by 2.7%. Over the same period, was given by 14.1% fewer building permits and the number of housing (apartments) plummeted by 17.6%.This negative trend in the construction industry will probably continue in the New Year with how to increase the VAT rate by one percentage point may adversely affect the demand for real estate ...

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