The consumer confidence indicator in the Czech Republic rose by 8.9 points to 102.8 in May of 2021, the highest reading since February of 2020, as the economy gradually reopens after five months of Covid-19 lockdown. Consumers were less worried about a deterioration in the overall economic situation and unemployment. Meanwhile, prospects regarding their own financial situation and savings barely changed. Still, concerns about rising prices remain high. source: Czech Statistical Office

Consumer Confidence in Czech Republic averaged 97.27 points from 1998 until 2021, reaching an all time high of 119.80 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 June of 2021.

Consumer Confidence in Czech Republic is expected to be 103.30 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 111.50 in 12 months time. In the long-term, the Czech Republic Consumer Confidence is projected to trend around 115.00 points in 2022 and 112.00 points in 2023, according to our econometric models.

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Czech Republic Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
102.80 93.90 119.80 69.20 1998 - 2021 points Monthly
2005=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-24 08:00 AM Feb 85 88.5 90.3
2021-03-24 08:00 AM Mar 84 85 87
2021-04-26 07:00 AM Apr 93.9 84 87
2021-05-24 07:00 AM May 102.8 93.9 96.7
2021-06-24 07:00 AM Jun 102.8 103.3
2021-07-26 07:00 AM Jul 104.5
2021-08-24 07:00 AM Aug
2021-09-24 07:00 AM Sep


News Stream
Czech Consumer Morale at Over 1-Year High
The consumer confidence indicator in the Czech Republic rose by 8.9 points to 102.8 in May of 2021, the highest reading since February of 2020, as the economy gradually reopens after five months of Covid-19 lockdown. Consumers were less worried about a deterioration in the overall economic situation and unemployment. Meanwhile, prospects regarding their own financial situation and savings barely changed. Still, concerns about rising prices remain high.
2021-05-24
Czech Consumer Morale at 7-Month High
The consumer confidence indicator in the Czech Republic rose by 9.9 points from the previous month to 93.9 in April of 2021. It was the highest reading since last September, amid optimism around the relaxation of some Covid-19 restrictions. Consumers were less worried about a deterioration in the overall economic situation and unemployment. Additionally, the number of respondents who expect to save some money in the next twelve months increased. At the same time, prospects regarding the financial situation were almost unchanged, while concerns about rising prices were still high.
2021-04-26
Czech Consumer Morale Weakens Further in February
The consumer confidence indicator in the Czech Republic fell by 3.5 points from the previous month to 85 in February of 2021. It was the lowest reading since November, amid concerns over the economic impact of prolonged restrictive measures. Consumers were more worried about a deterioration in the overall economic situation, their financial situation, unemployment and inflation. At the same time, the number of respondents who expect to save money in the next 12 months decreased.
2021-02-24
Czech Consumer Morale Worsens in January
The consumer confidence indicator in the Czech Republic fell by 3.5 points from the previous month to 88.5 in January of 2021. Consumers were more worried about the worsening overall economic situation, unemployment and inflation. Also, intensions to save decreased. Meanwhile, consumers' concerns about their financial situation did not change.
2021-01-25

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.