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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
Czech RepublicCzech Republic Current Account climbed to -17.2K in August 2026
FMPMonthlyReleased October 2026
Czech Republic Current Account climbed to -17.2K in August 2026, released October 2026, up 16.97K from July's -34.17K reading. The print exceeded the -20.4K consensus by 3.2K. Current Account has now risen for 3 consecutive months. Over the past 3 months, Current Account averaged -57.32K, vs -10.41K in the prior 3-month window. The reading is in the 19th percentile of the trailing 24-month range.
Latest Release
-17.2
Actual
-20.4
Consensus
-34.17
Previous
Median Absolute Error
±14.37 thousand
across last 12 releases
Last Call
Oct 2026
Predicted: -28.61
Actual: -17.2
Error: -11.41
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| Euro STOXX 50 | ▼ Inverse | −0.41 | INDEX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.39 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Current Account (Czech Republic) was reported at -17 thousand in October 2026. This beat the market consensus of -20 thousand by 3 thousand. The reading rose from the previous value of -34 thousand. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged -6 thousand, ranging from -80 thousand to 29 thousand across 11 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged -44 thousand, down from the prior three at -10 thousand. Volatility over the past year (σ 32 thousand) is comparable than the prior year (σ 30 thousand). In October readings over the past 3 years, Current Account has averaged 0 thousand.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with Euro STOXX 50 (Bearish Euro STOXX 50). A secondary relationship exists with S&P 500, negatively correlated (Bearish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 14 thousand.
WHAT TO WATCH NEXT
The next release is scheduled for November 13, 2026.
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
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Current Account - CZ
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About Current Account — Czech Republic
DEFINITION
The Current Account is a financial indicator that measures a country's trade balance, including the value of goods and services exported and imported, as well as income received and payments made to other countries. It provides insight into a nation's economic health and its ability to pay for imports and service its debt. A positive current account balance indicates a surplus, while a negative balance indicates a deficit. This indicator is closely monitored by investors, policymakers, and economists as it can impact a country's currency value and overall economic stability.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. 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 (Aug 2026): actual -25.4 M, consensus -33 M. Prior reading (Jul 2026): -34.17 M. Before that (Jun 2026): -80.47 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with Euro STOXX 50 (Bearish Euro STOXX 50, r=-0.41) — a useful reference for index-focused traders.
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Economic Calendar - CZ Events
| Monday, November 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:30 | CZ | S&P Global Manufacturing PMI | 53.5 | 53 | 52.15 | Low | |
| Wednesday, November 4, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 08:00 | CZ | Inflation Rate MoM | 0 | 0.5 | 0.45 | Low | |
| 08:00 | CZ | Inflation Rate YoY | 2.5 | 2.5 | 2.50 | Low | |