Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
Czech RepublicCzech Republic Current Account fell to -38.31K in May 2026
FMPMonthlyReleased July 2026
Czech Republic Current Account fell to -38.31K in May 2026, released July 2026, down 39.49K from April's 1.18K reading. The reading missed the -25K consensus by 13.31K. Current Account has now declined for 5 consecutive months. Over the past 3 months, Current Account averaged 3.54K, vs 18.36K in the prior 3-month window. Current Account is now the lowest in 10 months.
Latest Release
-38.31
Actual
-25
Consensus
1.18
Previous
Median Absolute Error
±13.95 thousand
across last 12 releases
Last Call
Jul 2026
Predicted: -30.58
Actual: -38.31
Error: +7.73
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 |
|---|---|---|---|---|---|
| EUR/CZK | ▼ Inverse | −0.44 | FOREX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.35 | CRYPTO | Moves against | → View |
| Euro STOXX 50 | ▼ Inverse | −0.29 | 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 -38 thousand in July 2026. This missed the market consensus of -25 thousand by 13 thousand. The reading fell from the previous value of 1 thousand. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged -2 thousand, ranging from -69 thousand to 29 thousand across 11 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -10 thousand, down from the prior three at 15 thousand. Volatility over the past year (σ 28 thousand) is comparable than the prior year (σ 26 thousand). In July readings over the past 3 years, Current Account has averaged -20 thousand.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/CZK (Bearish EUR). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 14 thousand.
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
Current Account - CZ
Loading chart data...
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 (May 2026): actual -38.31 M, consensus -25 M. Prior reading (Apr 2026): 1.18 M. Before that (Mar 2026): 5.9 M.
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 EUR/CZK (Bearish EUR, r=-0.44) — a useful reference for forex-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP