The Czech consumer confidence dipped to 106.9 in November 2018 from 112.0 in the prior month, amid concerns regarding the overall economic activity over the next twelve months and unemployment. Meanwhile, the share of respondents intending to save money was nearly unchanged from October, as well as worries about their own financial situation and rises in prices. Consumer Confidence in Czech Republic averaged 92.09 Index Points from 1998 until 2018, reaching an all time high of 113.80 Index Points in May of 2018 and a record low of 66 Index Points in May of 1999.
Consumer Confidence in Czech Republic is expected to be 110.50 Index 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 107.27 in 12 months time. In the long-term, the Czech Republic Consumer Confidence is projected to trend around 110.50 Index Points in 2020, according to our econometric models.