Overall confidence in the Czech economy rose by 0.4 points to 99.1 in August, following a decline in the previous month.
According to official figures, the construction sector is doing well thanks to a very high demand.
In month-to-month terms, while the confidence indicator of entrepreneurs increased, the consumer confidence indicator decreased by 1.5 points to 110.3.
Apart from raising prices, consumers fear a worsening of an overall economic situation. But people want to save less, and they are also not afraid of losing their jobs
Europe differently
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Czechs face most difficult path in Europe to buy an apartment
Real estate prices continued to rise sharply last year
EBRD to restart investing in Czechia after 13 years
The EBRD to invest about €100 million to €200 million a year
Czechs set to gain constitutional right to defend themselves with a weapon
As gun rights erode in the EU, Czechia is pursuing the opposite tact

Czechia tightens coronavirus restrictions due to a rapid increase in cases
Cultural life has been suspended for two weeks
Germany labels Czechia “epidemically risky”
Czechs will have to abide by stricter rules
Wages in Czechia grow faster than in the EU
Wages in Czechia increase faster than in the EU

Czech Republic will have to pay up if French-German recovery plan goes through: study
Czechia to become a net payer in proposed recovery plan for the coronavirus crisis
Czech police arrest Afghan migrant who stabbed his girlfriend 20 times in Germany
The Afghan man allegedly stabbed his girlfriend 20 times
There is a good reason to build fences
Marian Kechlibar comments on several photos related to migration issues.
Istanbul and the Migration Pact
Radical Islamist wasn’t a total stranger to local Muslim community
It turns out that Dominik K, who is facing charges for planning a terrorist attack, wasn’t a total stranger to the local Muslim community.
V4 have always been able to defend common interest
Alexandr Vondra recalls when they invited friends from Poland and Hungary to a conference in Bratislava.