Czech Economic Sentiment Continues To Rise In February

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Czech economic sentiment rose for a sixth straight month in February, survey data released by the statistical office showed Wednesday.

The composite indicator that measures overall economic sentiment rose to 88.8 in February from 86.7 in January. The consumer confidence indicator climbed to 92.3 from 90.5. A measure for confidence in the business sector went up to 88.1 from 86.

Confidence brightened in the industrial sector. The corresponding indicator rose to 91.1 in February from 85.7 in January. Sentiment in the trade sector climbed to 84.5 from 84.

Meanwhile, there were slight declines in sentiment indicators for the construction and service sectors. A measure for construction confidence fell to 68.7 from 73.4 and the services confidence indicator slipped to 87.8 from 88.

(Market News Provided by RTTNews)