The Czech consumer confidence indicator increased by 4.1 points to 76 in November of 2022, after plunging to an all-time low of 71.9 in the previous month, as consumers were less concerned about the deterioration of the overall economic situation and their own financial situation. Meanwhile, consumers expecting a deterioration in the overall economic situation and their own financial situation over the next twelve months was seen almost unchanged and remained high. At the same time, the share of respondents who do not find the current time suitable for making large purchases hardly changed. source: Czech Statistical Office

Consumer Confidence in Czech Republic averaged 96.82 points from 1998 until 2022, reaching an all time high of 117.50 points in March 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 December of 2022.

Consumer Confidence in Czech Republic is expected to be 100.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Consumer Confidence is projected to trend around 105.00 points in 2023, according to our econometric models.

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Czech Republic Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-10-24 07:00 AM Oct 71.9 72.7 71.1
2022-11-24 08:00 AM Nov 76 71.9 71.3
2022-12-27 08:00 AM Dec 76


Related Last Previous Unit Reference
Consumer Confidence 76.00 71.90 points Nov 2022
Retail Sales MoM -1.80 0.90 percent Oct 2022
Retail Sales YoY -9.40 -5.60 percent Oct 2022
Consumer Spending 579.63 598.66 CZK Billion Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
76.00 71.90 117.50 69.20 1998 - 2022 points Monthly
2005=100, SA

News Stream
Czech Consumer Morale Improves in November
The Czech consumer confidence indicator increased by 4.1 points to 76 in November of 2022, after plunging to an all-time low of 71.9 in the previous month, as consumers were less concerned about the deterioration of the overall economic situation and their own financial situation. Meanwhile, consumers expecting a deterioration in the overall economic situation and their own financial situation over the next twelve months was seen almost unchanged and remained high. At the same time, the share of respondents who do not find the current time suitable for making large purchases hardly changed.
2022-11-24
Czech Republic Consumer Morale Hits Fresh Low
The consumer confidence indicator in the Czech Republic weakened further and decreased by 0.8 points to 71.9 in October 2022, hitting a fresh record low for the third time in 2022. The share of respondents expecting a deterioration in the overall economic situation remained unchanged although concerns of their financial situation has increased again, as well as fears of unemployment growth. Meanwhile, consumers were less worried about the price growth as it decreased significantly m-o-m, while the number of respondents who do not find the current time suitable for making large purchases decreased slightly.
2022-10-24
Czech Republic Consumer Morale Lowest since August 1999
The consumer confidence indicator in the Czech Republic decreased by 4.4 points to 72.7 in September of 2022, the lowest since August 1999. The share of respondents expecting a deterioration in the overall economic situation and their own financial situation over the next twelve months increased. Consumers were also more concerned about rising prices and unemployment. Meanwhile, the number of respondents who do not expect to spend more money on large purchases than in the previous period increased significantly.
2022-09-26