Czech Republic: Economic sentiment falls in September
Economic sentiment fell to 86.6 in September from August’s 91.1. Consequently, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected declining sentiment in the industrial sector and dampened sentiment in the construction sector. Meanwhile, confidence in the services sector cooled in September, whereas sentiment in the retail sector improved in the surveyed month. Lastly, consumer confidence cooled in September.
Considering indicators that are not used to calculate the index, employment expectations were healthier, while the economic uncertainty index increased in September.