Skyline of Prague, Czech Republic

Czech Republic Economic Sentiment January 2019

Czech Republic: Economic sentiment falls to year-and-a-half low in January

The economic sentiment indicator, a composite confidence indicator published by the Czech Statistical Office (CSO), dipped from 98.6 points in December to 98.0 in January, the lowest reading since July 2017. As a result, the indicator moved further below the 100-point mark that separates optimism from pessimism in the Czech economy.

The business confidence index declined from 96.4 in December to 95.7 in January, the weakest reading in over a year-and-a-half. The print reflected weaker sentiment in the industry, trade and services sectors, which more than offset the improvement in construction.

Meanwhile, consumers’ sentiment was unchanged in January, with the consumer confidence index remaining steady at December’s 109.2. Notably, consumers’ assessment over the unemployment situation deteriorated somewhat compared to December. That said, consumer confidence remains well above the historical 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