Czech Republic: Confidence of consumers increased in October 2018

Published: 29.10.2018 Related countries:  U.S.A. U.S.A.

Czech Statistical Office: Overall confidence in economy increased slightly. The composite confidence indicator (economic sentiment indicator), that is stated by basic indices, increased by 0.2 points to 99.8 compared to September. Consumer confidence indicator increased by 1 point to 112.0, m-o-m.

Confidence of entrepreneurs did not change and remains at the same value 97.3 m-o-m. Most important barrier of production is lack of staff, it was stated by 33 % of respondents. Entrepreneurs in industry also require more demand, it was stated almost by 24 % of respondents.

Published by the team of CzechTrade foreign office in Chicago.

Source: https://www.czso.cz/csu/czso/ari/business-cycle-survey-october-2018