Consumption in Czech Republic

Czech Republic Consumption | Economic News & Forecasts

Czech Republic - Consumption

Economy expands at softer pace in Q4

The economy expanded 0.4% in seasonally adjusted year-on-year terms in Q4, following Q3’s 1.5% increase. Sustained inflation, downbeat consumer sentiment and tighter financing conditions hit spending in the quarter. Meanwhile, output decreased 0.3% on a seasonally adjusted quarter-on-quarter basis in Q4, following the 0.2% contraction recorded in Q3.

External demand and capital formation positively contributed to year-on-year growth in Q4, while consumer spending shrank. A detailed breakdown is scheduled to be released on 3 March.

FocusEconomics Consensus Forecast panelists expect the economy to expand 0.4% in 2023, which is down 0.1 percentage points from the previous month’s projection, and grow 2.9% in 2024.

Czech Republic - Consumption Data

2015   2016   2017   2018   2019  
Consumption (annual variation in %)3.8  3.5  4.4  3.1  3.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Czech Republic Facts

Value Change Date
Bond Yield1.64-1.85 %Dec 31
Exchange Rate22.76-0.66 %Dec 30

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form