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Tento t\u00fdden nab\u00eddnul \u010d\u00edsla o spot\u0159ebitelsk\u00e9 inflaci za z\u00e1\u0159\u00ed. Spot\u0159ebitelsk\u00e9 ceny mezim\u011bs\u00ed\u010dn\u011b klesly, a to o pom\u011brn\u011b v\u00fdrazn\u00fdch 0,7 %. Mnohem d\u016fle\u017eit\u011bj\u0161\u00ed je ale meziro\u010dn\u00ed pohled. Meziro\u010dn\u011b vzrostly spot\u0159ebitelsk\u00e9 ceny v z\u00e1\u0159\u00ed o 6,9 %. To bylo o 1,6 procentn\u00edho bodu m\u00e9n\u011b ne\u017e v srpnu. Br\u017ed\u011bn\u00ed meziro\u010dn\u00ed inflace tak zrychluje. Trh po\u010d\u00edtal se zpomalen\u00edm inflace proti srpnu jen o 1 procentn\u00ed bod na hladinu 7,5 %. Ka\u017edop\u00e1dn\u011b v z\u00e1\u0159\u00ed spot\u0159ebitelsk\u00e9 ceny ji\u017e poosm\u00e9 v \u0159ad\u011b zm\u00edrnily sv\u016fj meziro\u010dn\u00ed r\u016fst a dostaly se pod hranici 7 %. To byla nejni\u017e\u0161\u00ed hodnota od prosince 2021. Inflace se tedy uklid\u0148uje. To mus\u00ed t\u011b\u0161it v\u0161echny snad a\u017e na dr\u017eitele st\u00e1tn\u00edch protiinfla\u010dn\u00edch dluhopis\u016f. Znamen\u00e1 to toti\u017e, \u017ee v\u00fdnos na jejich dluhopisech bude ni\u017e\u0161\u00ed, ne\u017e o\u010dek\u00e1vali.
Pro\u010d spot\u0159ebitelsk\u00e9 ceny mezim\u011bs\u00ed\u010dn\u011b klesaly? S n\u00e1stupem z\u00e1\u0159\u00ed toti\u017e propadly ceny dovolen\u00fdch s komplexn\u00edmi slu\u017ebami o v\u00edce ne\u017e p\u011btinu. Tento jev je typick\u00fd pro konec l\u00e9ta. Mnohem zaj\u00edmav\u011bj\u0161\u00ed je ale to, \u017ee viditeln\u011b \u0161ly dol\u016f ceny potravin. To je zn\u00e1mkou toho, \u017ee d\u00e9letrvaj\u00edc\u00ed pokles cen zem\u011bd\u011blsk\u00fdch producent\u016f tla\u010d\u00ed n\u00ed\u017e tak\u00e9 ceny potravin v reg\u00e1lech obchod\u016f. No a nakonec poklesly ceny zemn\u00edho plynu nebo elekt\u0159iny. Na druh\u00e9 stran\u011b ale na benz\u00ednk\u00e1ch narostly ceny pohonn\u00fdch hmot.
A pro\u010d viditeln\u011b brzd\u00ed tempo meziro\u010dn\u00ed: Z\u00e1sadn\u00ed je, \u017ee ceny energi\u00ed u\u017e meziro\u010dn\u011b nerostou tak, jako tomu bylo je\u0161t\u011b p\u0159ed n\u011bkolika m\u011bs\u00edci. Ceny elekt\u0159iny v z\u00e1\u0159\u00ed zpomalily sv\u016fj meziro\u010dn\u00ed r\u016fst na 16,5 % (v srpnu rostly o 23,1 %) a ceny zemn\u00edho plynu na 12,5 % (v srpnu 34,5 %). I na \u010d\u00edslech se tedy projevilo, \u017ee od za\u010d\u00e1tku z\u00e1\u0159\u00ed n\u011bkter\u00e9 energetick\u00e9 spole\u010dnosti p\u0159istoupily k viditeln\u011bj\u0161\u00edmu zlevn\u011bn\u00ed z\u00e1kladn\u00edch tarif\u016f. Tak\u00e9 ceny potravin brzd\u00ed sv\u016fj meziro\u010dn\u00ed r\u016fst. T\u0159eba ceny vajec byly meziro\u010dn\u011b vy\u0161\u0161\u00ed o 7,5 % (v srpnu o 16,9 %). No a pak najdeme potraviny, jejich\u017e ceny jsou dokonce ni\u017e\u0161\u00ed ne\u017e p\u0159ed rokem. Ceny polotu\u010dn\u00e9ho trvanliv\u00e9ho ml\u00e9ka byly v z\u00e1\u0159\u00ed ni\u017e\u0161\u00ed o 21,1 % (v srpnu klesaly o 12,3 %), olej\u016f a tuk\u016f o 13,0 % (v srpnu klesaly o 9,9 %).
Vysok\u00e1 srovn\u00e1vac\u00ed z\u00e1kladna lo\u0148sk\u00e9ho roku je a bude v\u00fdrazn\u00fdm pomocn\u00edkem k tomu, aby zv\u00fd\u0161en\u00e9 cenov\u00e9 tlaky mohly postupn\u011b ustupovat. Nav\u00edc energetick\u00e9 spole\u010dnosti p\u0159istoupily k viditeln\u011bj\u0161\u00edmu zlevn\u011bn\u00ed z\u00e1kladn\u00edch tarif\u016f. A\u010dkoliv po\u0159\u00e1d nem\u00e1me vyhr\u00e1no, tak se bude objevovat st\u00e1le v\u00edc polo\u017eek, u kter\u00fdch bude meziro\u010dn\u00ed r\u016fst cen sl\u00e1bnout. Budou tak\u00e9 p\u0159ib\u00fdvat polo\u017eky, kter\u00e9 budou dokonce meziro\u010dn\u011b levn\u011bj\u0161\u00ed – tedy kde bude m\u00edt inflace z\u00e1porn\u00e9 znam\u00e9nko. Bohu\u017eel ale pohonn\u00e9 hmoty u\u017e nebudou meziro\u010dn\u011b o tolik levn\u011bj\u0161\u00ed ne\u017e v posledn\u00edch m\u011bs\u00edc\u00edch. Rizikem je nav\u00edc sou\u010dasn\u00e9 nap\u011bt\u00ed na Bl\u00edzk\u00e9m v\u00fdchod\u011b, co\u017e m\u016f\u017ee v\u00e9st ke skokov\u00e9mu zdra\u017een\u00ed pohonn\u00fdch hmot. Kv\u016fli tomu inflace nakonec p\u0159ijde o jednu svoji brzdu. U spot\u0159ebitelsk\u00e9 (i v\u00fdrobn\u00ed) inflace u\u017e jsme zp\u011bt na jednocifern\u00fdch \u00farovn\u00edch. Kv\u016fli vysok\u00e9mu tempu inflace v \u00favodu tohoto roku se ale mus\u00edme spokojit s t\u00edm, \u017ee v pr\u016fm\u011bru za cel\u00fd rok 2023 bude spot\u0159ebitelsk\u00e1 inflace dvoucifern\u00e1 \u2013 bude se pohybovat v p\u00e1smu 10 \u2013 11 %.
Koruna v reakci na v\u00fdrazn\u00e9 zpomalen\u00ed tempa inflace oslabila nad hladinu 24,50 CZK\/EUR. Investor\u016fm je jasn\u00e9, \u017ee se po dne\u0161ku m\u011bn\u00ed tr\u017en\u00ed s\u00e1zky. Pokud centr\u00e1ln\u00ed bank\u00e9\u0159i dosud p\u0159em\u00fd\u0161leli o prvn\u00edm sni\u017eov\u00e1n\u00ed \u00farokov\u00fdch sazeb b\u011bhem prosince, po dne\u0161ku mus\u00ed za\u010d\u00edt zva\u017eovat u\u017e listopadov\u00e9 zased\u00e1n\u00ed. B\u011bhem tohoto zased\u00e1n\u00ed mohou sazby poklesnout o 25 bazick\u00fdch bod\u016f. I s ohledem na dal\u0161\u00ed statistiky, kter\u00e9 potvrzuj\u00ed sou\u010dasnou slabost \u010desk\u00e9 ekonomiky, ka\u017edop\u00e1dn\u011b dramaticky nar\u016fst\u00e1 pravd\u011bpodobnost, \u017ee sazby \u010cesk\u00e9 n\u00e1rodn\u00ed banky p\u016fjdou u\u017e v leto\u0161n\u00edm roce sm\u011brem dol\u016f minim\u00e1ln\u011b o 50 bazick\u00fdch bod\u016f. Evropsk\u00e1 centr\u00e1ln\u00ed banka letos ur\u010dit\u011b nebude sni\u017eovat sv\u00e9 \u00farokov\u00e9 sazby. To jsou d\u016fvody, pro\u010d m\u016f\u017ee oslabov\u00e1n\u00ed koruny k euru pokra\u010dovat i v dal\u0161\u00edch t\u00fddnech.
Na akciov\u00fdch trz\u00edch do\u0161lo ke zlep\u0161en\u00ed n\u00e1lady, a to nesv\u011bd\u010dilo bezpe\u010dn\u00e9mu dolaru. Dolar proto m\u00edrn\u011b oslabil na hladinu 1,059 USD\/EUR.<\/p>\n\n\n\n
Mark\u00e9ta \u0160ichta\u0159ov\u00e1\/<\/strong>nextfinance.cz<\/strong><\/u>\/JAV<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Tento t\u00fdden nab\u00eddnul \u010d\u00edsla o spot\u0159ebitelsk\u00e9 inflaci za z\u00e1\u0159\u00ed. Spot\u0159ebitelsk\u00e9 ceny mezim\u011bs\u00ed\u010dn\u011b klesly, a to o pom\u011brn\u011b v\u00fdrazn\u00fdch 0,7 %. Mnohem d\u016fle\u017eit\u011bj\u0161\u00ed…<\/p>\n","protected":false},"author":2,"featured_media":2995,"comment_status":"closed","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[4,3],"tags":[45,27,46,78,940,10,223],"class_list":["post-2141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomika","category-neprehlednete","tag-cr","tag-ekonomika","tag-eu","tag-evropa","tag-marketa-sichtarova","tag-news","tag-next-finance"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/posts\/2141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/comments?post=2141"}],"version-history":[{"count":0,"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/posts\/2141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/media\/2995"}],"wp:attachment":[{"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/media?parent=2141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/categories?post=2141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gnews.cz\/cs_cz\/wp-json\/wp\/v2\/tags?post=2141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}