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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
Czech RepublicCzech Republic Budget Balance fell to -170.2B in May 2026
FMPMonthlyReleased June 2026
Czech Republic Budget Balance fell to -170.2B in May 2026, released June 2026, down 64.1B from April's -106.1B reading.
Latest Release
-170.200000
Actual
—
Consensus
-106.100000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.55 | COMMODITIES | Bearish XAU | → View |
| EUR/CZK | ▼ Inverse | −0.50 | FOREX | Bearish EUR | → View |
| FTSE 100 | ▲ Direct | +0.50 | INDEX | Bullish FTSE 100 | → View |
| DAX | ▲ Direct | +0.49 | INDEX | Bullish DAX | → View |
| Euro STOXX 50 | ▲ Direct | +0.46 | INDEX | Bullish Euro STOXX 50 | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Budget Balance (Czech Republic) was reported at -170.20 billion in June 2026. The reading fell from the previous value of -106.10 billion. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged -137.60 billion, ranging from -290.70 billion to 32.40 billion across 10 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -71.57 billion, up from the prior three at -163.57 billion.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with EUR/CZK, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
The next release is scheduled for July 1, 2026.
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Budget Balance - CZ
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About Budget Balance — Czech Republic
DEFINITION
Budget Balance is a financial indicator that measures the difference between a government's total revenue and total expenditure over a specific period of time. It provides insight into the fiscal health of a country or organization, indicating whether there is a surplus or deficit in their budget. This indicator is crucial in determining the government's ability to meet its financial obligations and make strategic decisions for future spending. A positive budget balance indicates a healthy financial position, while a negative balance may signal potential financial challenges.
WHY THIS INDICATOR MATTERS
Fiscal and debt-supply data influence sovereign-yield term premia and currency expectations, particularly when supply pressures interact with policy normalization. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual -170.2 B. Prior reading (Apr 2026): -106.1 B. Before that (Mar 2026): -27.6 B.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.55) — a useful reference for commodities-focused traders.