According to the CZSO's December economic sentiment survey, confidence in the Czech economy is holding around its long-term average after a month-on-month deterioration. Its level is therefore below last month's value and is moving below 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 long-term averages, * while households, services, construction sectors above long-term averages.
December's month-on-month deterioration in confidence in the economy mainly reflected the industry, services, households, trade sectors, while a shift to better sentiment in the construction sectors partly offset this. Sectoral dynamics show December household sentiment below last month's level (but above the previous three months) but above last year's level; industry worse than last month (and below the previous three-month average) but better than last year; in services, below last month (and below the previous three months) and worse than a year ago; in trade, worse than last month (and below the previous three-month average) and better than last year; and in construction, above last month (but below the previous three months) and above last year. \More in the 'Comments' section of the CBA Monitor: https://www.cbamonitor.cz/kategorie/ekonomika

CSO

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

Economics

Monthly

Post-Covid revival of economic activity
Gross domestic product development