Czech Economic Sentiment Improves in July

Analysis

The Czech economic confidence index strengthened in July after falling in the previous month, survey results from the Prague-based Czech Statistical Office (CZSO) showed on Monday.

The economic sentiment index climbed to 91.4 in July from 90.3 in the previous month. The business confidence index rose marginally to 91.1 in July from 91 in June.

The industrial sentiment index came in at 88.1 in July, up from 85.2 in the preceding month.

Meanwhile, the measure of confidence in construction weakened to 99 from 103.2. Data showed that the consumer confidence index improved to a 3-month high of 92.7 in July from 86.8 a month ago.

Households who fear worsening financial circumstances over the next 12 months decreased slightly in July. 

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