Czech economic sentiment improved in May after weakening in the previous month, the Czech Statistical Office reported on Friday. The composite indicator, that reflects overall sentiment among both consumers and businesses, rose to -3.6 in May from -5.3 in April. In March, the reading was -2.4. The consumer confidence index advanced to -19.8 in May from -23.8 in April. At the same time, the business sentiment indicator increased to 0.4 from -0.7. In industry, the index moved up -9.3 in May from -11 in the preceding month. The indicator for the trade sector advanced to 3.7 from zero. Meanwhile, confidence among Czech service providers stayed stable during the month. The corresponding sub-index was unchanged at 21.7. In construction, the indicator edged up to -53 from -53.5.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
