Czech Republic: Economic sentiment increases in March
Latest reading: Economic sentiment rose to 100.3 in March, following February’s 100.0. The latest reading was above the long-term average of 100, pointing to a positive near-term outlook for the economy.
In March, sentiment improved in the industrial sector (-3.2 vs -5.4 in February) and the retail sector (+16.8 vs +11.5 in February). On the flipside, sentiment darkened in the construction sector (-6.2 vs -2.4 in February), the services sector (+29.6 vs +33.0 in February) and among consumers (-1.1 vs -0.7 in February).