Business cycle surveys - March 2022

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The month-on-month decline in economic sentiment among entrepreneurs was mainly due to a sharper decline in confidence in industry and construction. Entrepreneurs´ confidence in trade also fell, while in selected service sectors it increased compared with February.

March consumer confidence fell to its lowest level since January 2013. The number of households worried about the deterioration of the overall economic situation and their own financial situation in the next twelve months increased significantly.

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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