Confidence in economy falls to 74.8 point in April

(ČIA) The composite confidence indicator expressed by a basis index, and partial indices, recorded the sharpest month-on-month drops since the beginning of monitoring in April 2020. The composite confidence indicator fell by 19.6 point to the value 74.8, the business sentiment indicator decreased by 19.3 point to 73.8 and the consumer confidence indicator decreased by 20.4 point to 80.1. This stems from data provided by the Czech Statistical Office. The indicators are down also compared with April 2019 and the consumer confidence showed the sharpest decrease from the beginning of the survey.



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