Czechs spent EUR763m in foreign online stores in H1

(Pierre Metivier, CC BY-NC)

Bulgaria to raise wholesale gas prices by 13.89 per cent in Q4

Croatian households with poor financial assets growth

Czech Republic

Radio Praha informs that Czechs are “increasingly fond of foreign e-shops”. The Radio publishes data from the report of the Czech Bank Card Association that shows an increase in the value of the purchases from foreign online stores.

As reported, in the first six month of 2018, Czechs spent CZK19.5bn (EUR763m) in foreign e-shops. The average value of purchases was CZK786 (EUR30.76).

“Czech e-stores are losing customers, who tend to shop abroad more and more frequently. On the other hand, we can see a growing interest in cross-border shopping in the neighboring countries,” the Radio quotes Marcin Glogowski, PayPal’s general manager for Central and Eastern Europe.  

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Bulgaria

The wholesale natural gas prices will increase in Q4’18 by 13.89 per cent, Novinite.com informs. Bulgarian energy regulator, the State Commission for Energy and Water Regulation, informed that it set gas prices at BGN456.65 (EUR233.47) per 1,000 cubic meters.

Bulgaria covers almost all of its gas consumption from Russian Gazprom under a long-term deal (2012-2022). Novinite.com explains that regulations require that Bulgargaz to set the gas price quarterly, based on the contract.

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Croatia

The financial assets of Croatians grow, but not as dynamically as the assets of other Europeans — Czechs or Slovenians. The Total Croatia News informs that the gross financial assets of Croatian households increased by 2.6 per cent in 2017. As reported, it’s the slowest growth in 6 years and far below the regional average. At the same time, Croatians’ liabilities grew by 1 per cent for the first time since 2011.

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What’s up in indexes

BET (of Bucharest) decreased from 8,446.41 index points Thursday, September 27th to 8,412.72 index points Friday, September 28th. It’s down 0.40 per cent d/d and up 6.03 per cent y/y.

BUX (of Budapest) increased from 36,471.35 index points Thursday, September 27th to 37,171.41 index points Friday, September 28th. It’s up 1.92 per cent d/d and down 0.05 per cent y/y.

CROBEX (of Zagreb) decreased from 1,787.43 index points Thursday, September 27th to 1,782.15 index points Friday, September 28th. It’s down 0.30 per cent d/d and up 0.80 per cent y/y.

OMXR (of Riga) decreased from 979.46 index points Thursday, September 27th to 977.91 index points Friday, September 28th. It’s down 0.16 per cent change d/d and down 2.32 per cent y/y.

OMXT (of Tallinn) decreased from 1,214.20 index points Thursday, September 27th to 1,215.84 index points Friday, September 28th. It’s up 0.14 per cent d/d and down 0.29 per cent y/y.

OMXV (of Vilnius) increased from 687.89 index points Thursday, September 27th to 689.27 index points Friday, September 28th. It’s up 0.20 per cent d/d and up 7.91 per cent y/y.

Friday was a non-trading day at Prague Stock Exchange. PX (of Prague) closed at 1,101.92 index points Thursday, September 27th. It’s up 5.58 per cent y/y.

SAX (of Bratislava) increased from 328.49 index points Thursday, September 27th to 331.38 index points Friday, September 28th. It’s up 0.88 per cent d/d and up 4.79 per cent y/y.

SOFIX (of Sofia) increased from 623.63 index points Thursday, September 27th to 624.39 index points Friday, September 28th. It’s up 0.12 per cent d/d and down 9.43 per cent y/y.

UX (of Kyiv) increased from 1,655.94 index points Thursday, September 27th to 1,657.65 index points Friday, September 28th. It’s up 0.10 per cent d/d and up 41.10 per cent y/y.

WIG20 (of Warsaw) decreased from 2,315.07 index points Thursday, September 27th to 2,285.11 index points Friday, September 28th. It’s down 1.29 per cent d/d and down 5.85 per cent y/y.

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