Skyline of Prague, Czech Republic

Czech Republic Economic Sentiment June 2020

Czech Republic: Economic sentiment continues to gradually improve in June

The economic sentiment indicator, published by the Czech Statistical Office (CSO), continued to climb from April’s over two-decade low in June, coming in at 77.2 (May: 75.1).

The business confidence index bounced back in June to 93.3 (May: 91.9) after declining for five consecutive months. The increase was mainly driven by improving sentiment in the trade and services sectors as economic activity has started to gradually firm. Meanwhile, sentiment in the all-important industrial sector turned more pessimistic while confidence in the construction sector declined.

Similarly, consumer confidence strengthened again in June, with the consumer confidence index climbing from 91.9 in May to 93.3 in June. Notably, households were less concerned over a deterioration of their financial situation and unemployment prospects in next 12 months. Despite the improvement, however, consumer confidence remained well below its long-term average.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest