Czech households’ debts up by 1.9 billion in September

Czech households’ debts in September increased by 1.9 billion crowns, or around one billion US dollars, to reach the total of 1 trillion and 145 billion crowns, according to figures by the Czech National Bank released on Wednesday. The debts of Czech companies in September rose by 16.6 billion crowns, and amount to the total of 964.3 billion crowns. Analysts say that despite the increase, the debts of both Czech households and companies are among the lowest in Europe.

Author: Jan Richter