Czech household debts rising

Czech households' debts to banks rose by CZK 7.8 billion month-on-month to almost CZK 2.127 trillion in September, according to statistics released by the Czech National Bank. Corporate debt fell by CZK 15.9 billion to CZK 1.287 trillion. On a year-on-year basis, households' debts at the end of September were higher by around CZK 130 billion and corporate debts were higher by CZK 88.3 billion. Czech households' debts to banks have been rising since February 2016.