Czech economic confidence rises to new heights in January

Confidence in the overall performance of the Czech economy has risen to its highest level since the peak of the last boom in June 2008, the Czech Statistical Office announced on Monday. The office’s composite confidence index advanced by 1.9 percent points in January compared with the previous month. The rise was largely due to more optimism among consumers but producers’ sentiment is also at its strongest level for the last five years, the office said.

Author: Chris Johnstone