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Czech business confidence rises for second straight month

7. April, 2012

After four months of stagnation, the Czech business confidence started to improve in February and continued to do so also March.
According to the HSBC Purchasing Managers’ Index (PMI), Czech Republic is showing a higher volume of purchases, production and incoming new orders which stabilized the employment and influenced the positive economical development of the country.
The highest boost was given by the rising industrial output of Czech Republic which showed the highest increase in the last six months.
Czech Republic remains one of the most stable and prosperous states of the European Union with a well developed and high-income economy.