December 1,2022
The composite confidence indicator (economic sentiment indicator) – in the basis index form – increased slightly by 0.3 percentage points to 90.1, m-o-m, with the different developments of its components. The business confidence indicator decreased by 0.4 percentage points to 93.0 and the consumer confidence indicator increased by 4.1 percentage points to 76.0.
In November, confidence in the economy among entrepreneurs decreased in all sectors except construction.
Confidence in the economy among consumers rebounded from the bottom in November, rising 4.1 points month-on-month. Compared to October, respondents are less worried about the deterioration of the overall economic situation and their own financial situation. The number of respondents assessing their financial situation worse compared to the period of the previous twelve months has hardly changed and remains high. The number of respondents who do not find the current time suitable for making large purchases has also hardly changed.
Source: CZSO
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