In February, the economic sentiment index produced by the National Statistics Office fell to 94.2 points from 95.6 points in January, which represented the second consecutive month of deteriorating economic sentiment. The indicator sits 6.9 points above the level observed in the same month last year, but remains below the 100-point threshold that separates optimistic from pessimistic economic sentiment. The monthly fall reflected deteriorations in both components of the index (consumer and business sentiment). Consumer confidence dropped, on the back of consumers' less optimistic assessment about future economic prospects for the next 12 months, as well as deteriorating expectations regarding their own financial standing. Business sentiment also fell, mainly fuelled by weaker confidence in the industrial and construction sectors.
Czech Republic Economic Sentiment
Economic sentiment falls in February
February 22, 2011
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Czech Republic Economic News
October 24, 2016
The economic sentiment indicator published by the Czech Statistics Office (CSO) rose from September’s 97.1 points to 97.5 points in October, marking a nine-month high.
October 10, 2016
In September, consumer prices fell 0.2% from the previous month, matching August’s reading.
October 7, 2016
Industrial production grew 13.1% year-on-year in August, which sharply contrasted the 14.1% fall registered in July and was the best result since May 2011.
October 3, 2016
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit rose from August’s 50.1 to a four-month high of 52.0 in September.
September 29, 2016
At its meeting on 29 September, the Czech National Bank (CNB) decided to leave the two-week repo rate unchanged at its so-called “technical zero” of 0.05%.