Monday, the Czech Statistical Office said in a report that the both consumer and business confidence indicators increased in December.
The seasonally adjusted consumer confidence indicator increased to minus 6.8 in December from minus 8 last month. A year earlier, the indicator stood at minus 21. Similarly, the business confidence indicator climbed to minus 2.5 from minus 4.8 in the previous month.
Meanwhile, the composite indicator, which involves both consumer and business confidence indicators, increased to minus 3.3 from minus 5.4 in November.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.