The consumer confidence indicator in the Czech Republic declined by 8.1 points to 90.4 in November of 2021, the lowest level since March, with rising Covid-19 infections and associated restrictions adding to concerns over prolonged inflation. The share of respondents expecting a deterioration in the overall economic situation for the next twelve months increased significantly, while fewer respondents expected an improvement in their own financial situation. Concerns about rising prices rose again in November, making it the highest in the survey´s history. At the same time, consumers were more worried about rising unemployment and their propensity to save money decreased. source: Czech Statistical Office
Consumer Confidence in Czech Republic averaged 97.34 points from 1998 until 2021, reaching an all time high of 119.80 points in May 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 November of 2021.
Consumer Confidence in Czech Republic is expected to be 85.00 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 102.00 points in 2022 and 105.00 points in 2023, according to our econometric models.