Business cycle surveys - November 2022
Overall confidence in the economy increased slightly month-on-month
Product Code: 070008-22
In November, confidence in the economy among entrepreneurs decreased in all sectors except construction.
Confidence in the economy among consumers rebounded from the bottom in November, rising 4.1 points month-on-month. Compared to October, respondents are less worried about the deterioration of the overall economic situation and their own financial situation. The number of respondents assessing their financial situation worse compared to the period of the previous twelve months has hardly changed and remains high. The number of respondents who do not find the current time suitable for making large purchases has also hardly changed.
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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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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: November 18, 2022
Consumer part: November 15, 2022
Next News Release: December 27, 2022
This press release wasn´t edited for language.
Detailed time series of Balances and basic
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