Czech Republic Consumer Confidence
The Consumer Confidence Index of the Czech Statistical Office is the average of four indicators: forecasted financial position of consumers, expected total economic situation, forecasted total unemployment (with a reversal sign), and savings expected in the next twelve months. Overall, consumer confidence rises when the unemployment rate is low and the economy is growing at a rapid pace. Indicators of average consumer trust can be valuable in predicting how much money customers are going to spend in a given period of time.
Hodnoty vyšší, než se očekává, by měly být považovány za pozitivní (býčí) pro CZK apod očekávané hodnoty by měly být považovány za negativní (medvědí) pro CZK.
Forexový sentiment (CZK)
Zprávy (CZK)
Czech Economy Enters Recession In Q4 With 0.3% Contraction
The Czech Republic's economic output contracted for the second straight quarter in the three months ended December, largely due to lower household consumption, thus entering a technical recession, preliminary estimates from the statistical office showed on Tuesday. Gross domestic product decreased 0.3 percent sequentially in the fourth quarter, following a 0.2 percent fall in the third quarter.
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