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. source: Czech Statistical Office

Consumer Confidence in Czech Republic averaged 96.97 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 October of 2022.

Consumer Confidence in Czech Republic is expected to be 73.50 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
2022-08-24 07:00 AM Aug 77.1 73.6 71.8
2022-09-26 07:00 AM Sep 72.7 77.1 73.5
2022-10-24 07:00 AM Oct


Related Last Previous Unit Reference
Consumer Confidence 72.70 77.10 points Sep 2022
Retail Sales MoM -0.70 -0.60 percent Aug 2022
Retail Sales YoY -7.60 -9.20 percent Aug 2022
Consumer Spending 598.66 604.39 CZK Billion Jun 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
72.70 77.10 117.50 69.20 1998 - 2022 points Monthly
2005=100, SA

News Stream
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
Czech Republic Consumer Morale at 4-Month High
The consumer confidence indicator in the Czech Republic increased by 3.5 points to 77.1 in August of 2022 after five months of continuous decline. It was the highest reading since April, as the share of respondents expecting a deterioration in the overall economic situation and their own financial situation over the next twelve months decreased. Consumers were also less concerned about rising prices while unemployment expectations have not changed. However, the number of respondents who do not expect to spend more money on large purchases than in the previous period slightly increased again.
2022-08-24
Czech Republic Consumer Morale at 23-Year Low
The consumer confidence indicator in the Czech Republic fell for the fifth month in a row to 73.6 in July of 2022, from 74.7 in the previous month. It was the lowest reading since August of 1999, reflecting an unprecedented number of respondents concerned about their own financial situation. The number of consumers who assess their own financial situation worse than in the past year was also near a record for the survey, while the assessment of the overall economic situation deteriorated further. Meanwhile, inflation expectations went up marginally and intentions to make major purchases continued to fall.
2022-07-25