The Czech consumer confidence indicator increased to 104.8 in December 2019 from 102.0 in the previous month. It was the highest reading since August, as consumers’ worries about their financial standing decreased and intentions to save money rose. Also, consumers are for the next twelve months equally afraid of a decrease in the overall economic situation and concerns about rises in prices decreased. Meantime, worries about rise in the unemployment increased. Consumer Confidence in Czech Republic averaged 92.73 points from 1998 until 2019, reaching an all time high of 113.80 points in May of 2018 and a record low of 66 points in May of 1999.

Consumer Confidence in Czech Republic is expected to be 106.70 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 110.00 in 12 months time. In the long-term, the Czech Republic Consumer Confidence is projected to trend around 105.00 points in 2020, according to our econometric models.

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Czech Republic Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
104.80 102.00 113.80 66.00 1998 - 2019 points Monthly
2005=100, SA



Calendar GMT Actual Previous Consensus TEForecast
2019-09-24 07:00 AM Sep 103.3 105.1 106
2019-10-24 07:00 AM Oct 103.6 103.3 103
2019-11-25 08:00 AM Nov 102 103.6 104.2
2019-12-27 08:00 AM Dec 104.8 102 106.7
2020-01-24 08:00 AM Jan 104.8 104.1
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-11-25
Czech Consumer Sentiment Falls to Over 5-Year Low
The Czech consumer confidence indicator fell to 102 in November 2019 from 103.6 in the previous month. It was the lowest reading since October 2014, as consumers’ concerns about their financial standing increased. Also, worries regarding a rise in the unemployment were almost unchanged, and consumers were equally afraid of a decrease in the overall economic situation for the next twelve months. Additionally, concerns about an increase in prices were almost unchanged while intentions to save money fell slightly.

2019-10-24
Czech Consumer Sentiment Rises in October
The Czech consumer confidence indicator rose to 103.6 in October of 2019 from 103.3 in September, as consumers are equally afraid of a decrease in the overall economic situation for the next twelve months. Additionally, worries regarding their financial situation and rises in prices did not change, compared to September. Meanwhile, consumers are more concerned about unemployment.

2019-09-24
Czech Consumer Confidence Lowest since 2016
Czech consumer confidence indicator fell to 103.3 in September 2019 from 105.1 in the previous month. It was the lowest reading since July 2016, as consumers were more afraid of a decrease in the overall economic situation in the next twelve months. Meanwhile, worries regarding their financial situation and unemployment remained almost unchanged while concerns about rises in prices decreased slightly.

2019-08-26
Czech Consumer Morale Deteriorates in August
The Czech consumer confidence indicator decreased to 105.1 in August of 2019 from 106.4 in the previous month. For the next twelve months, consumers are more afraid of a decrease in the overall economic situation, a rise in unemployment and a rise in prices. Meanwhile, household’s concerns regarding their financial situation and the share of respondents intending to save money was almost unchanged.

2019-07-24
Czech Consumer Sentiment Rises in July
The Czech consumer confidence indicator rose to 106.4 in July 2019 from 105.1 in June. It was the strongest reading in five months, as consumers are less afraid of a decrease in the overall economic situation for the next twelve months. Meanwhile, household’s concerns regarding their financial situation; unemployment; rises in prices and intentions to save money were unchanged.

2019-06-24
Czech Consumer Morale Remains Strong in June
Czech consumer confidence indicator came in at 105.1 in June, the same as the previous month’s three-month high, as expectations regarding household’s financial situation and unemployment were unchanged. Meanwhile, consumers are less afraid of a decrease in the overall economic situation; concerns about rises in prices decreased slightly and the share of respondents intending to save money decreased.


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.

Czech Republic Consumer Last Previous Highest Lowest Unit
Consumer Confidence 104.80 102.00 113.80 66.00 points [+]
Retail Sales MoM 0.10 0.00 5.40 -4.50 percent [+]
Retail Sales YoY 2.90 3.40 14.70 -6.60 percent [+]
Consumer Spending 575.97 575.84 575.97 331.27 CZK Billion [+]
Personal Savings 11.72 11.21 15.69 7.23 percent [+]
Consumer Credit 261142.20 259632.60 261142.20 4071.00 CZK Million [+]
Private Sector Credit 3152228.11 3146771.93 3152228.11 588000.00 CZK Million [+]
Gasoline Prices 1.44 1.41 2.32 0.72 USD/Liter [+]
Households Debt To GDP 32.00 31.90 32.10 6.70 percent of GDP [+]
Households Debt To Income 60.69 56.64 60.69 13.33 percent [+]