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ČSOB: Business optimism reaches all-time high

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The Company Outlook Index, monitored quarter-yearly by ČSOB, reached an all-time high in Q1 2015. The index grew from 10.8 to 23.1 pts. Totally 46% of companies predict higher demand for Q2 2015. Approximately 42% of firms plan to invest more in 2015 than in 2014. ČSOB’s Corporate Banking section’s executive director Petr Manda has stated that the sentiment improved most significantly by sole traders, while in firms with turnover of over CZK 40m the value stagnated at 37 pts.

Source: www.cianews.cz

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