In July, the economic sentiment indicator, published by the National Statistics Office, dropped to 90.8 points from 91.2 points in June, marking the lowest level of economic sentiment since May 2010. The index sits 2.4 points below the same level registered in the same month last year. The monthly fall was the result of a decline in the sub-index of business confidence, which was partially offset by an improvement in the consumer confidence sub-component. The drop in business sentiment reflected weaker business prospects in the industrial and the services sectors, as well as in trade. In contrast, consumer confidence improved over the previous month, reversing two consecutive months of decline. The improvement in consumer sentiment reflected consumers' improved assessment regarding future economic prospects for the next 12 months, as well as their own financial situation. In addition, the July survey saw less respondents expecting an increase in unemployment.
Czech Republic Economic Sentiment
Economic sentiment falls in July
July 25, 2011
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Czech Republic Economic News
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%.
September 26, 2016
The economic sentiment indicator published by the Czech Statistics Office (CSO) rose from August’s 96.8 points to 97.1 points in September, marking a seven-month high.