TNBiz (TNBiz)
Markets  |  September 27, 2012 18:35:06

Czech economic situation is bad, mind you its citizens

PRAGUE (MEDIAFAX) - Two-thirds of Czechs (70 percent) believe the economic situation in the Czech Republic as negative, 25 percent found it to be very poor, and 45 percent considered it bad. The opposite is convinced six percent of citizens, said the agency CVVM survey, published on Thursday.

Sociologists point out that the current rating is significantly worse than a year ago in September 2011, when the proportion of critical evaluation was generally about eight percentage points lower (62 percent).

The results of the present survey, the authors of the survey differ significantly from historically most critical assessment recorded in March 2010 during the height of the recession caused by the global financial crisis and the associated recession.

The analysis showed that optimism in the assessment of the current economic situation is growing with subjective standard of living, although respondents with good living standards assesses the economic situation rather critically.

Almost two-fifths (37 per cent) of people have have indicated that a good standard of living of their households, out of which five percent evaluate it as a "very good" and 32 percent as "fairly good". On the contrary, considers the poor living standards of their home less than a quarter (23 percent) of citizens. Fully 18 percent of Czechs understands their standard of living as the poor and five percent as very poor. Two-fifths (40 percent), characterizing it as "neither good nor bad".

In comparison with past surveys has increased the number of people who perceive their quality of life as poor, by four percent.

Jitka Zadražilová,

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