The Czech business confidence indicator edged down to 96.7 in January 2020 from an upwardly revised 96.7 in the previous month. Sentiment deteriorated among manufacturers (91.1 vs 93.0 in December) and constructors (123.9 vs 126.3). On the other hand, confidence improved among retailers (98.3 vs 94.6) and service providers (99.4 vs 98.0).

Business Confidence in Czech Republic averaged 96.73 points from 1993 until 2020, reaching an all time high of 112.80 points in February of 2007 and a record low of 69.10 points in March of 1999. This page provides - Czech Republic Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Czech Republic is expected to be 95.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Czech Republic to stand at 96.50 in 12 months time. In the long-term, the Czech Republic Business Confidence is projected to trend around 93.00 points in 2020, according to our econometric models.


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Czech Republic Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
96.70 96.80 112.80 69.10 1993 - 2020 points Monthly
2005=100, SA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-24 07:00 AM Oct 91.6 92.9 93.3
2019-11-25 08:00 AM Nov 91.5 91.6 92.5
2019-12-27 08:00 AM Dec 91.6 91.5 94.5
2020-01-24 08:00 AM Jan 96.7 96.8 91.1
2020-02-24 08:00 AM Feb 96.7


News Stream
2019-12-27
Czech Business Morale Improves Slightly in December
The Czech business confidence indicator edged up to 91.6 in December 2019 from 91.5 in the previous month. Sentiment improved among manufacturers (88.7 from 86.9 in November), and constructors (105.9 from 103.8). On the other hand, confidence deteriorated among service providers (92.7 from 94.2) and retailers (92.6 from 96.0).

2019-11-25
Czech Business Morale at 5-1/2- Year Low
The Czech business confidence indicator decreased to 91.5 in November 2019 from 91.6 in the previous month, recording its lowest level since May 2014. Sentiment deteriorated among manufacturers (86.9 from 87.5 in October), service providers (94.2 from 94.4) and constructors (103.8 from 104.3). On the other hand, confidence improved among retailers (96 from 90.6).

2019-10-24
Czech Business Confidence Lowest since 2014
The Czech business confidence indicator decreased further to 91.6 in October of 2019 from 92.9 in the previous month. It is the lowest reading since July of 2014, as sentiment weakened among manufacturers (87.5 from 90.3 in September) and retailers (90.6 from 95.1). In contrast, confidence improved among service providers (94.4 from 94.2) and constructors (104.3 from 101.8).

2019-09-24
Czech Business Morale Worsens in September
The Czech business confidence indicator decreased to 92.9 in September of 2019 from 93.6 in the previous month, as expectations deteriorated among retailers (95.1 from 96.0 in August) and service providers (94.2 from 95.8) while it remained unchanged among manufacturers (90.3, the same as in August) and constructors (101.8).

2019-08-26
Czech Business Confidence at 3-Month High
The Czech business confidence indicator increased to 93.6 in August of 2019 from 92.7 in the previous month, the highest since May. Sentiment improved among retailers (96 from 94.8 in July) and service providers (95.8 from 93.7) while it remained unchanged among manufacturers (90.3, the same as in July). On the other hand, sentiment deteriorated among constructors (101.8 from 104.8).

2019-07-24
Czech Business Morale at Near 5-Year Low
The Czech business confidence indicator fell to 92.7 in July 2019 from 93.1 in the previous month. It was the lowest reading since August 2014, as sentiment deteriorated among retailers (94.8 from 93.1 in June); service providers (93.7 from 94.4); and constructors (104.8 from 107.4). On the other hand, sentiment remained unchanged among manufacturers (90.3, the same as in June).


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.

Czech Republic Business Last Previous Highest Lowest Unit
Business Confidence 96.70 96.80 112.80 69.10 points [+]
Manufacturing PMI 43.60 43.50 59.80 43.10 points [+]
Industrial Production -3.20 -0.40 14.50 -20.70 percent [+]
Industrial Production Mom -1.10 -0.10 4.40 -5.40 percent [+]
Manufacturing Production -3.20 -0.70 21.00 -23.90 percent [+]
New Orders 97.10 95.23 217.39 70.18 points [+]
Changes in Inventories 6.52 -4.68 36.01 -16.14 CZK Billion [+]
Car Registrations 18707.00 20163.00 27830.00 8356.00 [+]
Internet Speed 16938.04 17252.82 17768.42 3672.45 KBps [+]
IP Addresses 1720644.00 1710120.00 2231060.00 1053892.00 IP [+]
Mining Production -8.20 -7.30 17.80 -22.80 percent [+]
Steel Production 260.00 270.50 697.00 235.00 Thousand Tonnes [+]
Competitiveness Index 70.85 71.18 71.18 4.43 Points [+]
Competitiveness Rank 32.00 29.00 46.00 29.00 [+]
Corporate Profits 323281.00 308944.00 328392.00 -2717.06 CZK Million [+]
Ease of Doing Business 41.00 35.00 75.00 26.00 [+]
Electricity Production 7823.00 8013.00 8650.00 5516.00 Gigawatt-hour [+]
Corruption Index 56.00 59.00 59.00 37.00 Points [+]
Corruption Rank 44.00 38.00 57.00 25.00 [+]