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25.08.202507:12:04UTC+00Czech Business Confidence Hits Over 3-Year High

In August 2025, the business confidence indicator in the Czech Republic rose by 2.7 percentage points to reach 101.5, up from 98.8 the previous month. This represents the most significant reading since June 2022, reflecting increased optimism across nearly all sectors. Notably, sentiment in selected services climbed to 107.9 from 102 in July, construction rose to 122.4 from 121.2, and trade improved to 98.4 from 97.3. However, the industry sector remained steady at 93.5. "The positive month-on-month shift in business confidence primarily stems from the enhanced conditions within selected service sectors, with the financial sector experiencing a notable increase in expected demand. Consequently, the services confidence indicator has reached its highest point since April 2008," stated Jirí Obst, head of the Czech Statistical Office's business cycle surveys department.

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