The Czech consumer confidence indicator decreased to 100.5 in March of 2020 from 104.1 in the previous month. This was the lowest reading since February of 2014, amid greater concerns about the overall economic situation and the financial situation. Also, the probability of saving in the year ahead decreased slightly. Meanwhile, both the outlook on the labour market and inflation remained barely unchanged.oints in February of 2020.

Consumer Confidence in Czech Republic averaged 97.33 points from 1998 until 2020, reaching an all time high of 119.40 points in May of 2018 and a record low of 69.20 points in May of 1999. This page provides - Czech Republic Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on March of 2020.

Consumer Confidence in Czech Republic is expected to be 100.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Czech Republic to stand at 95.00 in 12 months time. In the long-term, the Czech Republic Consumer Confidence is projected to trend around 100.00 points in 2021 and 102.00 points in 2022, according to our econometric models.

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Czech Republic Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
100.50 104.10 119.40 69.20 1998 - 2020 points Monthly
2005=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2019-12-27 08:00 AM Dec 104.8 102 106.7
2020-01-24 08:00 AM Jan 104.8 110 104.1
2020-02-24 08:00 AM Feb 104.1 104.8 104.5
2020-03-24 08:00 AM Mar 100.5 104.1 103.8
2020-04-24 07:00 AM Apr 100.5 96.5
2020-05-25 07:00 AM May
2020-06-24 07:00 AM Jun 92
2020-07-24 07:00 AM Jul


News Stream
Czech Consumer Confidence Lowest since 2014
The Czech consumer confidence indicator decreased to 100.5 in March of 2020 from 104.1 in the previous month. This was the lowest reading since February of 2014, amid greater concerns about the overall economic situation and the financial situation. Also, the probability of saving in the year ahead decreased slightly. Meanwhile, both the outlook on the labour market and inflation remained barely unchanged.
2020-03-24
Czech Consumer Confidence Nears 5-1/2-Year Low
The Czech consumer confidence indicator fell to 104.1 in February of 2020 from 104.8 in the previous month. This was the lowest reading since September 2014, as consumers' expectations for the year ahead regarding the overall economic situation deteriorated and concerns about inflation rose. Meantime, both the outlook on the labour market and the probability of saving in the year ahead remained barely unchanged. On the other hand, worries about financial situation decreased.
2020-02-24
Czech Consumer Morale Weakest Since 2014
The Czech consumer confidence indicator fell to 104.8 in January 2020 from an upwardly revised 110.0 in the previous month. The reading pointed to the weakest consumer morale since September 2014, as expectations for the year ahead regarding the overall economic situation deteriorated and prospects to save money decreased. Meantime, worries about household’s financial situation, unemployment and inflation were almost unchanged.
2020-01-24
Czech Consumer Confidence at 4-Month High
The Czech consumer confidence indicator increased to 104.8 in December 2019 from 102.0 in the previous month. It was the highest reading since August, as consumers’ worries about their financial standing decreased and intentions to save money rose. Also, consumers are for the next twelve months equally afraid of a decrease in the overall economic situation and concerns about rises in prices decreased. Meantime, worries about rise in the unemployment increased.
2019-12-27

Czech Republic Consumer Confidence
In Czech Republic, the Czech Statistical Office consumer confidence indicator is the average of four indicators: expected financial situation of consumers, expected total economic situation, expected total unemployment (with inverted sign) and savings expected in 12 months to come. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend.