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. source: Czech Statistical Office

Consumer Confidence in Czech Republic averaged 97.31 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 March of 2021.

Consumer Confidence in Czech Republic is expected to be 100.50 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 105.00 in 12 months time. In the long-term, the Czech Republic Consumer Confidence is projected to trend around 102.00 points in 2022, according to our econometric models.

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Czech Republic Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
85.00 88.50 119.80 69.20 1998 - 2021 points Monthly
2005=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-24 08:00 AM Nov 83.1 86 81.5
2020-12-28 08:00 AM Dec 91.7 83.1 85
2021-01-25 08:00 AM Jan 88.5 92 89.9
2021-02-24 08:00 AM Feb 85 88.5 90.3
2021-03-24 08:00 AM Mar 85
2021-04-26 07:00 AM Apr
2021-05-24 07:00 AM May
2021-06-24 07:00 AM Jun
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
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 Consumer Morale Improves in December
The consumer confidence indicator in the Czech Republic rose by 8.6 points from the previous month to 91.7 in December of 2020, the highest level since September. Consumers were less worried about the deterioration of their overall economic situation, their financial situation and unemployment. Also, intentions to save increased.
2020-12-28
Czech Consumer Morale Falls to 7-Month Low
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.
2020-11-24

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.