Business Confidence in Czech Republic decreased to 93 points in November from 93.40 points in October of 2022. source: Czech Statistical Office

Business Confidence in Czech Republic averaged 97.36 points from 1993 until 2022, reaching an all time high of 114.00 points in February of 2007 and a record low of 69.90 points in March of 1999. This page provides - Czech Republic Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Business Confidence in Czech Republic is expected to be 102.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Business Confidence is projected to trend around 103.00 points in 2023 and 102.00 points in 2024, according to our econometric models.

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Czech Republic Business Confidence

Calendar GMT Actual Previous Consensus TEForecast
2022-10-24 07:00 AM Oct 93.4 93.6 91.5
2022-11-24 08:00 AM Nov 93 93.4 92.5
2022-12-27 08:00 AM Dec 93

Related Last Previous Unit Reference
Business Confidence 93.00 93.40 points Nov 2022
Industrial Production Mom -3.70 -0.20 percent Oct 2022
Industrial Production 3.10 8.30 percent Oct 2022
Manufacturing Production 6.20 9.50 percent Oct 2022
New Orders 121.87 121.80 points Sep 2022
Changes in Inventories 111.47 94.59 CZK Billion Sep 2022

Czech Republic Business Confidence
In Czech Republic, the business confidence survey measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. Czech Statistical Office business confidence indicator is a weighted average of seasonally adjusted confidence indicators in industry, construction, trade and in selected services.
Actual Previous Highest Lowest Dates Unit Frequency
93.00 93.40 114.00 69.90 1993 - 2022 points Monthly
2005=100, SA

News Stream
Czech Business Morale Lowest in Over 1-1/2-Years
The business confidence indicator in the Czech Republic edged down by 0.4 points from a month earlier to 93 in November of 2022, the lowest since March last year, as sentiment deteriorated among manufacturers (90.4 vs 91.4), service providers (92.4 vs 92.9), and retailers (99 vs 99.3). Meanwhile, constructors were more optimistic (115.6 vs 110.2).
Czech Business Morale Weakens to Over 1-1/2-Year Low
The business confidence indicator in the Czech Republic slightly decreased by 0.2 point to 93.4 in October of 2022, the lowest reading since March last year. The decline in sentiment came from the industry (91.4 vs 93.6 in September) and construction (110.2 vs 111.4). Still, losses were limited by improvements in trade (99.3 vs 92.7) and in selected services (92.9 vs 92).
Czech Republic Business Confidence Lowest in 18 Months
The business confidence indicator in the Czech Republic decreased by 4 points to a 18-month low of 93.6 in September of 2022, from 97.6 in the previous month. Sentiment weakened among services (92 vs 97.3 in August), trade (92.7 vs 95.2) and industry (93.6 vs 96.9). Meanwhile, constructors were more optimistic (111.4 vs 110.2).