The consumer confidence indicator in the Czech Republic dropped 2.9 points from the previous month to 83.1 in November 2020, the lowest level since April's seven-year high. The number of consumers worried about rising unemployment in the next twelve months rose sharply, while the intention to save has decreased. In addition, consumers worries about the worsening overall economic situation and about their financial situation were both unchanged. source: Czech Statistical Office
Consumer Confidence in Czech Republic averaged 97.13 points from 1998 until 2020, reaching an all time high of 119.40 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 November of 2020.
Consumer Confidence in Czech Republic is expected to be 92.50 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 104.00 in 12 months time. In the long-term, the Czech Republic Consumer Confidence is projected to trend around 105.00 points in 2021 and 102.00 points in 2022, according to our econometric models.