Czech Republic Consumer Confidence

Last Release

Jan 31, 2025

Actual

97.1

Units In

Points

100.4

Frequency

Monthly

Next Release

Feb 21, 2025

Time to Release

24 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
117.5 Mar 2018	69.2 May 1999	96.54 Points	1998-2025	Czech Statistical Office

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.

Latest Updates

The consumer confidence indicator in the Czech Republic declined to 97.1 in January 2025, marking the lowest reading since January 2023, down from an upwardly revised 100.5 in the previous month. The number of consumers expecting the overall economic situation in the Czech Republic to deteriorate over the next twelve months rose slightly for the second consecutive month. Additionally, the share of households expecting their financial situation to deteriorate over the next twelve months was slightly higher and those assessing their current financial situation as worse than in the previous twelve months increased further. Meanwhile, the proportion of consumers who believe that the current period is not conducive to making large purchases remained almost unchanged.