Business Confidence in Czech Republic increased to 89.50 points in September from 85.50 points in August of 2020.

Business Confidence in Czech Republic averaged 96.41 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. Czech Republic Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Business Confidence in Czech Republic is expected to be 89.50 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 84.00 in 12 months time. In the long-term, the Czech Republic Business Confidence is projected to trend around 86.00 points in 2021 and 89.00 points in 2022, according to our econometric models.

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Czech Republic Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
89.50 85.50 112.80 69.10 1993 - 2020 points Monthly
2005=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-24 07:00 AM Jun 73.8 71.6 75
2020-07-24 07:00 AM Jul 84.7 73.8 75.3
2020-08-24 07:00 AM Aug 85.5 84.7 85.5
2020-09-24 07:00 AM Sep 89.5 85.5 77
2020-10-26 07:00 AM Oct 89.5
2020-11-24 08:00 AM Nov
2020-12-28 08:00 AM Dec 79


News Stream
Czech Business Sentiment Hits 5-Month High
The Czech business confidence indicator rose to 85.5 in August of 2020 from 84.7 in the previous month. It was the highest reading since March when the pandemic crisis began to be felt. Sentiment improved among constructors (106.7 vs 103 in July), traders (96.4 vs 89.5) and manufacturers (91.5 vs 89.8), but deteriorated among service provers (75.7 vs 77).
2020-08-24
Czech Business Confidence Improves in July
The Czech business confidence indicator rose to 84.7 in July 2020 from 73.8 in the previous month. Sentiment improved among service providers (77.0 vs 72.2 in June), manufacturers (89.8 vs 70.0) and constructors (103.0 vs 102.4), but deteriorated among traders (89.5 vs 92.1).
2020-07-24
Czech Business Morale Remains Weak in June
The Czech business confidence indicator rose to 73.8 in June 2020 from an over 21-year low of 71.6 in the previous month. Still, it was one of the weakest readings since 1999, amid the coronavirus crisis. Sentiment improved among service providers (72.2 vs 65 in May) and retailers (92.1 vs 85.2), while deteriorated among manufacturers (70 vs 72.9) and constructors (102.4 vs 104.2).
2020-06-24
Czech Business Morale Falls Further in May
The Czech business confidence indicator decreased to 71.6 in May of 2020 from 73.8 in the previous month. This is the lowest reading since March of 1999, amid the coronavirus crisis. Sentiment deteriorated among service providers (65 vs 70.5 in April), constructors (104.2 vs 107.3) and retailers (85.2 vs 85.4), but it improved slightly for manufacturers (72.9 vs 72).
2020-05-25

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.