Consumer Confidence in Czech Republic decreased to 104.80 points in January from 110 points in December of 2019. Consumer Confidence in Czech Republic averaged 97.29 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. 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.
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