Business cycle surveys - June 2024

Confidence in the economy among entrepreneurs increased in the industry (+4.3 points) and the slightly increase is in the construction sector (+ 0.6 points) and the selected services (+ 0.1 points). The decrease is monitored in the trade (- 0.8 points).

Consumer confidence decreased again. The confidence indicator slightly decreased by 0.6 points to a value of 101.0. The number of respondents expecting a deterioration in the overall economic situation in the next twelve months significantly increased again. The number of consumers assessing their current financial situation worse than in the previous twelve months has decreased. But the number of respondents expecting a deterioration in their financial situation in the next twelve months is unchanged. The share of consumers who believe that the current time is not suitable for making major purchases has not changed compared to the previous month.

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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.