Czech economic sentiment improved in May after weakening in the previous month, a report from the Czech Statistical Office showed Friday.
The composite indicator, that reflects overall sentiment among both consumers and businesses, rose to -3.6 in May from -5.3 in April. In March, the reading was -2.4.
The consumer confidence index advanced to -19.8 in May from -23.8 in April. At the same time, the business sentiment indicator increased to 0.4 from -0.7 in the previous month.
In industry, the index moved up -9.3 in May from -11 in the preceding month. The indicator for the trade sector advanced to 3.7 from zero.
Meanwhile, confidence among Czech service providers stayed stable during the month. The corresponding sub-index was unchanged at 21.7. In construction, the indicator edged up to -53 from -53.5, data showed.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.