Czech economic confidence improves further in June

Analysis

The Czech Republic’s economic confidence improved further in June, as lockdown restrictions imposed to slow the spread of the coronavirus pandemic were eased, survey results from the Czech Statistical Office (CZSO) show. 

The economic sentiment index rose to 77.2 in June from 75.1 in May. The latest reading was the highest since March, when it was 94.4.

The business confidence index increased to 73.8 in June from 71.6 in the previous month. The industrial sentiment index fell to 70, from 72.9 in the preceding month.

The measure of confidence in construction declined to 102.4 from 104.2 in the prior month, while that for trade rose to 92.1 from 85.2.

The consumer confidence rose to 93.3 from 91.9 a month ago. This was the highest reading since March, CZSO said on June 24.

ADVERTISEMENT

289 new COVID cases registered in Hungary Figures

289 new COVID cases registered in Hungary

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

Martina Cifer joins Avison Young Hungary Appointments

Martina Cifer joins Avison Young Hungary

BFK developing regional cycling strategy City

BFK developing regional cycling strategy

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.