Business cycle surveys - June 2024
Business confidence indicator increased, but consumer confidence indicator has decreased slightly
Product Code: 070008-24
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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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: June 17, 2024
Consumer part: June 17, 2024
Next News Release: July 24, 2024
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/database