Czech Republic: Economic sentiment declines in November
Latest reading: Economic sentiment fell to 99.6 in November, following October’s 103. Consequently, the index fell below the long-term average of 100, pointing to a muted near-term outlook for the economy.
In November, sentiment darkened in the industrial sector (-7.9 vs -2.7 in October), the construction sector (-3.8 vs -0.2 in October) and the services sector (+36.2 vs +37.9 in October). In contrast, sentiment improved in the retail sector (+14.0 vs +12.4 in October) and among consumers (-2.6 vs -3.6 in October).