Consumer confidence, on the other hand, rose by
4.1 points to 76.0. Jiří Obst, head of the Czech Statistical Office's
cyclical surveys department, said that the biggest weight in the
business confidence indicator is given to industry, where the mood
has been continuously deteriorating since June. It is due to
declining demand, which is also reflected in reduced expected
production, and the persistent growth in the number of
entrepreneurs considering reducing their workforce in recent
months.
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