Business cycle surveys - June 2022

Confidence among entrepreneurs fell in June across all sectors. The confidence indicator in services fell the most, m-o-m.

Consumer confidence in the economy fell for the fourth month in a row to the second lowest value in the survey history. A record number of respondents (highest since the beginning of the survey) fear a deterioration in their own financial situation. Near its historical maximum is the number of consumers who rate their financial situation worse than in the previous twelve months. The number of households worried about rising unemployment has also increased.

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

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This press release wasn´t edited for language.

Detailed time series of Balances and basic
indices 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