In June, the economic sentiment indicator, published by the National Statistics Office, remained unchanged at May's 91.2 points. The reading marked the first halt to five consecutive months of falling sentiment. A year-on-year analysis has the index just 0.1 points above the level observed in the same month last year. The subdued reading was mainly the result of a decline in the sub-index of consumer confidence, which was offset by an increase in the business confidence sub-component. The drop in consumer sentiment mainly reflected consumers' increasing concerns regarding future economic prospects for the next 12 months, together with a higher number of respondents to this month's survey expecting unemployment to increase. In contrast, business confidence improved over the previous month, as both the services and trade sectors experienced a brighter assessment of their future economic prospects.
Czech Republic Economic Sentiment
Economic sentiment remains stable in June
June 24, 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.