The consumer confidence indicator in the Czech Republic fell by 5.3 points to 100.7 in September of 2021, the lowest reading since April, as more consumers were increasingly worried about rising prices and considered it one of the major risks to their personal finances. A larger share of respondents expressed concerns about a deterioration in the overall economic outlook and rising prices, while fewer respondents expected an improvement in their own financial situation. Lastly, the propensity to save money also decreased and unemployment expectations remained stable. source: Czech Statistical Office

Consumer Confidence in Czech Republic averaged 97.36 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 October of 2021.

Consumer Confidence in Czech Republic is expected to be 104.50 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 115.00 points in 2022 and 112.00 points in 2023, according to our econometric models.

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Czech Republic Consumer Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-06-24 07:00 AM Jun 105.5 102.8 103.3
2021-07-26 07:00 AM Jul 101.9 105.5 104.5
2021-08-24 07:00 AM Aug 106 101.9 101.2
2021-09-24 07:00 AM Sep 100.7 106 104.5
2021-10-25 07:00 AM Oct 100.7
2021-11-24 08:00 AM Nov
2021-12-28 08:00 AM Dec


News Stream
Czech Consumer Morale Drops to 5-Month Low
The consumer confidence indicator in the Czech Republic fell by 5.3 points to 100.7 in September of 2021, the lowest reading since April, as more consumers were increasingly worried about rising prices and considered it one of the major risks to their personal finances. A larger share of respondents expressed concerns about a deterioration in the overall economic outlook and rising prices, while fewer respondents expected an improvement in their own financial situation. Lastly, the propensity to save money also decreased and unemployment expectations remained stable.
2021-09-24
Czech Consumer Morale at Over 1-1/2-Year High
The consumer confidence indicator in the Czech Republic rose by 4.1 points to 106 in August of 2021, the highest reading since December of 2019, amid the continued reopening of the economy. The share of respondents expecting an improvement in their own financial situation increased and the propensity to save money also went up. At the same time, consumers were less worried about a deterioration in the overall economic situation and unemployment. Still, concerns about rising prices remained high.
2021-08-24
Czech Consumer Morale Rises to 1-1/2-Year High
The consumer confidence indicator in the Czech Republic climbed 2.7 points to 105.5 in June of 2021, the highest reading since December of 2019, as the pandemic receded further in the country and the economy continued to reopen. Concerns about rising unemployment retreated for the third straight month, while the 12-month outlook for the overall economic situation and personal financial situation remained unchanged. Nonetheless, both the number of respondents worried about inflation and of those expecting to put money into savings went up this month.
2021-06-24
Czech Consumer Morale at Over 1-Year High
The consumer confidence indicator in the Czech Republic rose by 8.9 points to 102.8 in May of 2021, the highest reading since February of 2020, as the economy gradually reopens after five months of Covid-19 lockdown. Consumers were less worried about a deterioration in the overall economic situation and unemployment. Meanwhile, prospects regarding their own financial situation and savings barely changed. Still, concerns about rising prices remain high.
2021-05-24

Czech Republic Last Unit Reference Previous Highest Lowest
Consumer Confidence 100.70 points Sep/21 106.00 119.80 69.20
Retail Sales MoM 0.30 percent Aug/21 -0.20 11.50 -11.80
Retail Sales YoY 5.10 percent Aug/21 3.10 14.70 -9.60
Consumer Spending 591.46 CZK Billion Jun/21 555.20 622.82 349.25


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.