According to the August CSO Economic Sentiment Survey, confidence in the Czech economy is above the long-term average after its month-on-month improvement. Its level is therefore above the level of last month and moving above the level of the previous three months. It is at an improved level compared to last year's value.
The individual sectors stand as follows in relation to the long-term average: * industry, trade below the long-term averages, * while household sectors near average and * services, construction above the long-term average. \The August month-on-month improvement in confidence in the economy mainly reflected the services, construction, trade sectors, while the decline in sentiment in the household sectors partly offset it. Sectoral dynamics show August household sentiment below last month (and below the previous three-month average) but above last year's level; industry worse than last month (but below the previous three-month average) but better than last year; in services, above last month (and above the previous three months) and better than a year ago; in trade, better than last month (and above the previous three-month average) and better than last year; and in construction, above last month (and above the previous three months) and above last year.
For more, see the 'Comments' section of the CBA Monitor: https://www.cbamonitor.cz/kategorie/ekonomika

CZSO

Data adjusted for seasonal effects. For more details on the methodology, see https://csu.gov.cz/konjunkturalni_pruzkum

Economics

Monthly

Post-Covid recovery of economic activity
Gross domestic product development