Business cycle surveys - July 2022

Confidence among entrepreneurs decreased in industry and trade in July. In a m-o-m comparison, it increased slightly in construction and selected services.

Consumer confidence in the economy fell to the lowest level since the survey began. A record number of respondents fear a deterioration in their own financial situation. The number of consumers who rate their financial situation worse than in the previous twelve months is also close to its historical maximum. 

***

More detailed information on the development of business and consumer confidence can be found in the supplementary information to the RI business surveys.

_______________

Notes:

Responsible manager: Juraj Lojka, Director of Business Statistics Coordination and Business Cycle Surveys Department, tel. +420731439291, e-mail: juraj.lojka@csu.gov.cz
Contact person: Jiri Obst, Head of Business Cycle Surveys Unit, tel. +420604815440, e-mail: jiri.obst@csu.gov.cz
Data source: CZSO business survey, Data Collect consumer survey (https://www.datacollect.cz)
Data collection date:
Business part: July 18, 2022
Consumer part: July 15, 2022
Next News Release: August 24, 2022

This press release wasn´t edited for language.

Detailed time series of Balances and basicindices of confidence indicators: https://csu.gov.cz/produkty/kpr_ts

Business and Consumers Surveys are co-financed by grant agreements of the European Commission DG ECFIN.
https://ec.europa.eu/info/business-economy-euro/indicators-statistics/economic-databases/business-and-consumer-surveys_en
Link to European database: https://ec.europa.eu/eurostat/web/euro-indicators/business-and-consumer surveys