Living standard of Czech households unchanged since pandemic

The living standard of Czech households is virtually the same as prior to the coronavirus pandemic, according to an index run by the STEM polling agency and financial advisory company KPMG.

While the country was hardest hit in terms of the epidemic in the first quarter of this year, assessments of household living standards have improved markedly on last year, the long-term study of household finances found.

By contrast, the perception of the Czech economic situation has deteriorated compared to in 2020.

Author: Ian Willoughby