Business confidence drops, consumers at low

(CIANEWS) - In October 2022, the overall confidence indicator dropped by 0.3 points month on month to 89.8. The business sentiment decreased by 0.2 points to 93.4. Consumer confidence was 0.8 points lower and totalled 71.9, which was the lowest since the beginning of the survey. The data was published by the Czech Statistical Office. The economic mood decreased among entrepreneurs in the construction sector and industry. On the other hand, after a four-month decrease, it grew in commerce and slightly also in selected service sectors.



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