The consumer confidence indicator in the Czech Republic rose by 7.4 points to 82.9 in January 2023, the highest reading since March last year, from 75.5 in the prior month. Compared to last month, households were less concerned about the deterioration of the overall economic situation and their own financial situation for the next twelve months. Also, the share of respondents who do not find the current time suitable for making large purchases decreased. Meanwhile, respondents assessed their current financial situation worse than in the previous twelve months. source: Czech Statistical Office

Consumer Confidence in Czech Republic averaged 96.73 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 January of 2023.

Consumer Confidence in Czech Republic is expected to be 102.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Czech Republic Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-12-27 08:00 AM Dec 74.7 76 74.8
2023-01-24 08:00 AM Jan 82.9 75.5 74.4
2023-02-24 08:00 AM Feb 82.9


Related Last Previous Unit Reference
Consumer Confidence 82.90 75.50 points Jan 2023
Retail Sales MoM -0.30 -2.10 percent Nov 2022
Retail Sales YoY -8.70 -10.20 percent Nov 2022
Consumer Spending 581.02 600.07 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
82.90 75.50 117.50 69.20 1998 - 2023 points Monthly
2005=100, SA

News Stream
Czech Consumer Morale at 10-Month High
The consumer confidence indicator in the Czech Republic rose by 7.4 points to 82.9 in January 2023, the highest reading since March last year, from 75.5 in the prior month. Compared to last month, households were less concerned about the deterioration of the overall economic situation and their own financial situation for the next twelve months. Also, the share of respondents who do not find the current time suitable for making large purchases decreased. Meanwhile, respondents assessed their current financial situation worse than in the previous twelve months.
2023-01-24
Czech Consumer Morale Falls in December
The consumer confidence indicator in the Czech Republic fell by 1.3 points to 74.7 in December 2022, following a slight recovery of 76 in the previous month. Consumers’ rate their current financial situation as worse while the number of respondents expecting further deterioration over the next 12 months were unchanged. Also, households’ do not find the current time suitable for making large purchases. Meanwhile, consumers were less concerned about the deterioration of the overall economic situation, while expectations of further price growth have decreased.
2022-12-27
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