The consumer confidence indicator in the Czech Republic fell for the fourth consecutive month to 74.7 in June of 2022, from 75.8 in the previous month. It was the lowest reading since May of 2012, as consumers believe that their own financial situation over the next twelve months will continue to deteriorate. Also, concerns over unemployment intensified and intentions to save money decreased significantly. Meanwhile, the share of respondents expecting a deterioration in the overall economic situation for the next twelve months slightly decreased. Worries about inflation also softened. source: Czech Statistical Office

Consumer Confidence in Czech Republic averaged 97.20 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 June of 2022.

Consumer Confidence in Czech Republic is expected to be 73.00 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
2022-05-24 07:00 AM May 75.8 81.3 80
2022-06-24 07:00 AM Jun 74.7 75.8 73
2022-07-25 07:00 AM Jul 74.7


Related Last Previous Unit Reference
Consumer Confidence 74.70 75.80 points Jun 2022
Retail Sales MoM 0.10 0.00 percent Apr 2022
Retail Sales YoY 5.00 5.90 percent Apr 2022
Consumer Spending 604.39 610.45 CZK Billion Mar 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
74.70 75.80 117.50 69.20 1998 - 2022 points Monthly
2005=100, SA

News Stream
Czech Republic Consumer Morale at Over 10-Year Low
The consumer confidence indicator in the Czech Republic fell for the fourth consecutive month to 74.7 in June of 2022, from 75.8 in the previous month. It was the lowest reading since May of 2012, as consumers believe that their own financial situation over the next twelve months will continue to deteriorate. Also, concerns over unemployment intensified and intentions to save money decreased significantly. Meanwhile, the share of respondents expecting a deterioration in the overall economic situation for the next twelve months slightly decreased. Worries about inflation also softened.
2022-06-24
Czech Republic Consumer Morale Weakens Further
The consumer confidence indicator in the Czech Republic fell by 5.5 points to 75.8 in May of 2022. It was the lowest reading since May of 2012, as the share of respondents expecting a deterioration in the overall economic situation for the next twelve months increased again and reached its all-time high. Also, the current financial situation was assessed more negatively and the number of households that fear a deterioration in their own financial situation over the next twelve months has reached a new all-time high. At the same time, concerns about rising unemployment increased significantly.
2022-05-24
Czech Republic Consumer Morale at Over 9-Year Low
The consumer confidence indicator in the Czech Republic declined to 81.3 in April of 2022 from 82.4 in the previous month. It was the lowest reading since November of 2012, as a significant share of households believed their current financial situation was worse than in the previous 12 months and had more concerns over further price increases. At the same time, sentiment regarding the overall economic situation and their own financial situation in the year ahead deteriorated.
2022-04-25