Czech Economic Sentiment Weakens in September

Analysis

Image by Shutterstock.com

The Czech economic confidence index decreased in September to the lowest level in two-and-a-half years, survey results from the Czech Statistical Office(CZSO) showed on Monday.

The economic sentiment index dropped to 89.2 in September from 93.4 in the previous month. Further, this was the lowest score since March 2021, when it was 88.7.

The business confidence index also worsened to a 30-month low of 89.4 in September from 93.9 in August. The industrial sentiment index came in at 84.2 in September, down from 93.9 in the preceding month.

Meanwhile, the measure of confidence in construction advanced to 100.8 from 100.2. The survey showed that the consumer confidence index weakened to an 8-month low of 88.3 in September from 91.0 a month ago.

The number of respondents expecting a deterioration of the overall economic situation in the Czech Republic in the next twelve months increased significantly in September. 

Serbia Inflation Close to 3-year Low in May Figures

Serbia Inflation Close to 3-year Low in May

Karácsony Still Winner of Budapest Mayoral Election After Re... Elections

Karácsony Still Winner of Budapest Mayoral Election After Re...

2 Major Ground Handlers at Budapest Airport Join Forces Transport

2 Major Ground Handlers at Budapest Airport Join Forces

Summer Camp Prices Have Increased 10-15% Tourism

Summer Camp Prices Have Increased 10-15%

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.