Skyline of Prague, Czech Republic

Czech Republic Economic Sentiment February 2020

Czech Republic: Economic sentiment slips to six-year low in February

The economic sentiment indicator, published by the Czech Statistical Office (CSO), dipped from 98.1 in January to 97.6 in February, the lowest reading since February 2014.

The business confidence index edged down to 96.3 in February from 96.7 in January, driven by weaker sentiment in the services and construction sectors. Meanwhile, confidence in the trade and industrial sectors improved from the previous month.

Similarly, consumers turned less optimistic in February, with the consumer confidence index declining to 104.1 in February from 104.8 in January. The drop was chiefly due to households’ increased concerns over the general economic situation ahead. Overall, consumer confidence remains well above the long-term average, however.

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