Czech Republic Consumer Morale Highest Since 2021

Published: 26.04.2024 Related countries:  Korea (south) Korea (south)

Positive outlook continues to gain ground

The consumer confidence indicator in the Czech Republic rose for the fourth month to 103.8 in April 2024, marking the highest reading since September 2021, up from 99.9 in the previous period.
The number of respondents expecting a worsening of the overall economic situation in the next twelve months decreased for the fourth month in a row. At the same time, the number of consumers assessing their current financial situation worse than in the previous twelve months decreased, while the number of respondents expecting an improvement in their financial situation in the next twelve months remained unchanged.
Moreover, the share of consumers who believe that the current time is not suitable for making large purchases has not changed compared to the prior month.

Source: Trading Economics
Prepared by the team of foreign office CzechTrade and CzechInvest Seoul