Czech Republic Consumer Confidence

Consumer confidence in Czech Republic fell for the first time in three months to 108.2 in February of 2017 from 110 in January. Consumers were more worried about the general economic situation while unemployment and financial standing expectations were nearly unchanged. Consumer Confidence in Czech Republic averaged 90.44 from 1998 until 2017, reaching an all time high of 110 in January of 2016 and a record low of 66 in May of 1999.

Czech Republic Consumer Confidence

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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. This page provides – Czech Republic Consumer Confidence – actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Consumer Confidence – actual data, historical chart and calendar of releases – was last updated on February of 2017.