and noticeably limit your purchases, especially those of an unnecessary nature. Their fear of their own financial future is greater than anything from the time of the pandemic or the global financial crisis

Retail sales fell significantly again in July, meziron by eight percent. Decline or decline dvru the Czech consumer in the domestic economy and in his own financial future. According to the regular monthly survey, the mood of domestic consumers has fallen in value, not in the entire history of the currency, since 2003. And spending less than a year on all basic goods and sluebwith the exception of its nature as a necessary drug and pharmacy product.

The fear of the economic future is greater now than at any time during a pandemic, and even at any time during global financial crisis let 2008 and 2009, following the European debt crisis and those related recess v R. The deadline is for the whole year retail sales therefore, they will fall by 2.2 percent.

The record number of respondents to this summer’s survey S stated that their own financial situation has worsened. The number of consumers who assess their financial situation in less than twelve months is close to its historical maximum. As a rule, the consumer has the most painful pain in front of him when it is in autumn and winter, and according to the sharp rise energy prices and then I will fall very far. Inflation will increase in particular and above 20 percent. At the same time, many properties will catch up with fixings hypotkwhich in the meantime have also risen to the highest level since full million.

Vld Petr Fiala pitom according to eten CVVM, his consequences were announced at the end of last week, now only 28 percent are in favor population R. So try dvru Babi’s government only had pedestrian access, for a single month, and that was red 2021when frustration was at its peak population z dal covid waves.

However, the extreme injustice in Fialov’s government has a deep reason, not the cold spring injustice in Babiov’s government, and that is because it is an economic reason, but its cause does not even change. Pitom nedvra in the village of Babiov during the late covid wave at the sawmill at a time when the light at the end of the tunnel was clearly visible in the form vakcn. It can therefore be assumed, e dvra under Fial’s government, in five months it will drop significantly below the lowest level since the time of Babi’s government.

Luk Kovanda, Ph.D.
Chief Economist, Trinity Bank