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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
Czech RepublicCzech Republic Consumer Confidence fell to 103.4% in May 2026
FMPMonthlyReleased May 2026
Czech Republic Consumer Confidence fell to 103.4% in May 2026, down 2.6% from April's 106.0% reading. The reading matched the 105.8% consensus. Consumer Confidence has now declined for 3 consecutive months. Consumer Confidence is now the lowest in 8 months.
Latest Release
103.4
Actual
105.8
Consensus
106
Previous
Median Absolute Error
±2.73 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 109.43
Actual: 103.4
Error: +6.02
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 |
|---|---|---|---|---|---|
| BTC/USD | ▲ Direct | +0.72 | CRYPTO | Bullish BTC | → View |
| XAU/USD | ▼ Inverse | −0.38 | COMMODITIES | Bearish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Czech Republic) was reported at 103.4% in May 2026. This missed the market consensus of 105.8% by 2.4%. The reading fell from the previous value of 106%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 105.89%, ranging from 99% to 111.7% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 107.13%, down from the prior three at 110.07%. Volatility over the past year (σ 4.19%) is higher than the prior year (σ 1.68%). In May readings over the past 3 years, Consumer Confidence has averaged 101.9%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Bullish BTC). A secondary relationship exists with XAU/USD, negatively correlated (Bearish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 2.73%.
WHAT TO WATCH NEXT
The next release is scheduled for June 24, 2026.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Consumer Confidence - CZ
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About Consumer Confidence — Czech Republic
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. 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 103.4 %, consensus 105.8 %. Prior reading (Apr 2026): 106 %. Before that (Mar 2026): 110.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar 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 BTC/USD (Bullish BTC, r=0.72) — a useful reference for crypto-focused traders.