The Czech consumer confidence indicator increased to 96.0 in July 2020 from 93.3 in the previous month, as consumers were less worried about the deterioration of their overall economic situation. Meanwhile, worries about a deterioration in their financial situation slightly increased, as well as their intention to save. The number of consumers who feared rising prices decreased, while the proportion of respondents who are worried about rising unemployment in the next 12 months dominated.
Consumer Confidence in Czech Republic averaged 97.23 points from 1998 until 2020, reaching an all time high of 119.40 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 August of 2020.
Consumer Confidence in Czech Republic is expected to be 97.20 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 102.00 in 12 months time. In the long-term, the Czech Republic Consumer Confidence is projected to trend around 105.00 points in 2021 and 102.00 points in 2022, according to our econometric models.