The consumer confidence indicator in the Czech Republic fell to 88.5 in May 2023, down from an 18-month high of 92.9 in the previous month. Consumers became significantly concerned about the worsening of the overall economic situation and their financial condition. Moreover, households found the current time slightly more unfavorable in making large purchases. On a positive note, consumers assessed their current financial situation better compared to the prior twelve months. source: Czech Statistical Office

Consumer Confidence in Czech Republic averaged 96.63 points from 1998 until 2023, 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 June of 2023.

Consumer Confidence in Czech Republic is expected to be 95.10 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 2024 and 101.00 points in 2025, according to our econometric models.

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Czech Republic Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2023-04-24 07:00 AM Apr 92.9 87.1 88.4
2023-05-24 07:00 AM May 88.5 92.9 93.6
2023-06-26 07:00 AM Jun 88.5 95.1


Related Last Previous Unit Reference
Consumer Confidence 88.50 92.90 points May 2023
Retail Sales MoM -0.70 -0.40 percent Mar 2023
Retail Sales YoY -8.10 -6.80 percent Mar 2023
Consumer Spending 567.93 584.11 CZK Billion Dec 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
88.50 92.90 117.50 69.20 1998 - 2023 points Monthly
2005=100, SA

News Stream
Czech Republic Consumer Mood Falls in May
The consumer confidence indicator in the Czech Republic fell to 88.5 in May 2023, down from an 18-month high of 92.9 in the previous month. Consumers became significantly concerned about the worsening of the overall economic situation and their financial condition. Moreover, households found the current time slightly more unfavorable in making large purchases. On a positive note, consumers assessed their current financial situation better compared to the prior twelve months.
2023-05-24
Czech Republic Consumer Morale Strongest in 18 Months
The consumer confidence indicator in the Czech Republic rose to 92.9 in April 2023, the strongest reading since October 2021, up from 87.1 in the previous month. Consumers were less concerned about the worsening of the overall economic situation and assessed their current financial situation slightly better than in the past twelve months. Moreover, the number of households expecting a deterioration in their financial conditions in the upcoming twelve months has decreased. Households also found the current time less unfavorable for making large purchases.
2023-04-24
Czech Republic Consumer Morale Weakens in March
The consumer confidence indicator in the Czech Republic edged down to 87.1 in March of 2023. Households assessed their current financial situation worse compared to the previous twelve months and they do not find the current time suitable for making large purchases. Also, the share of respondents expecting a worsening of their financial situation in the next twelve months has hardly changed. Meanwhile, consumers were less concerned about the deterioration of the overall economic situation.
2023-03-24