Czech Republic: Economic Sentiment on the Rise

Business › Economy ♦ Published: October 25, 2012; 19:42 ♦ (Vindobona)

According to recent surveys, confidence in the Czech Republic is increasing slightly.

Czech Republic: Economic Sentiment on the Rise / Picture: © Vindobona.org

Against September, the overall confidence indicate was up by 0.5%, the Czech Statistical Office reports. In the trade and service sector, confidence was decreasing while in the industrial and construction sector the sentiment improved. Most respondents say that the main barrier of economic growth is the lack of demand.

However, consumer confidence was down in October. At the same…

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