The Czech consumer confidence indicator rose to 91.9 in May of 2020 after plunging to an over 7-year low of 80.1 in the previous month. For the next twelve months, consumers are less afraid of a decrease in the overall economic situation, their financial situation, and the growth of unemployment. The share of respondents intending to save money also increased. Still, concerns about rises in prices went up significantly.
Consumer Confidence in Czech Republic averaged 97.25 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 June of 2020.
Consumer Confidence in Czech Republic is expected to be 92.00 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 98.00 in 12 months time. In the long-term, the Czech Republic Consumer Confidence is projected to trend around 100.00 points in 2021 and 102.00 points in 2022, according to our econometric models.