The business confidence indicator in the Czech Republic retreated 1.8 points to 95.3 in September of 2021, the lowest reading since April amid intense supply chain bottlenecks and material shortages. The report points to significant reductions and even shutdowns in Czech Republic’s auto industry, as well as lingering staff shortages in the construction sector. Sentiment deteriorated in the construction sector (111.6 from 116.4 in August), and in manufacturing industries (92.5 vs 97.1). Meanwhile, respondents were more optimistic in the trade sector (103.6 from 102.4) and in the service sector (95.3 from 94.2). source: Czech Statistical Office
Business Confidence in Czech Republic averaged 97.06 points from 1993 until 2021, reaching an all time high of 113.70 points in February of 2007 and a record low of 69.70 points in March of 1999. This page provides - Czech Republic Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Business Confidence in Czech Republic is expected to be 96.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Business Confidence is projected to trend around 102.90 points in 2022 and 102.00 points in 2023, according to our econometric models.