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.