Czech Statistical Office: Overall confidence in Czech economy almost unchanged in January. The composite confidence indicator (economic sentiment indicator), that is stated by basic indices, decreased very slightly by 0.1 points to 99.5 m-o-m. Confidence of entrepreneurs decreased slightly by 0.6 points to 96.9 compared to December. Consumer confidence indicator increased by 2.3 points to 112.3, m-o-m. Composite confidence indicator and consumer confidence indicator are higher, entrepreneurs confidence indicator is slightly lower, compared to January 2017.
In industry, in January, confidence indicator decreased by 1.9 points to 96.8. The assessment of current overall economic situation of the respondents almost unchanged m-o-m. The assessment of current total demand almost unchanged too, the assessment of foreign demand decreased slightly
The full report is available on the website of Czech Statistical Office: https://www.czso.cz/csu/czso/ari/business-cycle-survey-january-2018
Source: Czech Statistical Office, https://www.czso.cz/csu/czso/ari/business-cycle-survey-january-2018
Published by the team of CzechTrade foreign office in Chicago