Monthly economic confidence up in August
Overall confidence in the economy among Czechs is reported to have gone up in August. According to figures released by the Czech Statistical Office on Monday, the overall economic sentiment indicator went up by 1.4 points month-on-month. Sectors where confidence increased most include services, business and consumer confidence which went up by more than three percentage points month-on-month and almost ten percentage points year-on-year. The monthly business indicator went up by 0.8 percentage points although its still lags behind levels registered in August 2012. The confidence indices in the construction and trade sectors have both decreased as compared to last year.