Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Czechia
CSCICP03CZM665S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.45
Year-over-Year Change
0.79%
Date Range
1/1/1995 - 1/1/2024
Summary
The Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Czechia measures changes in consumer sentiment and confidence, providing insights into economic trends and consumer behavior.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This composite indicator synthesizes various components related to consumer confidence in Czechia. It is a leading economic indicator used by policymakers and analysts to anticipate turning points and assess the overall health of the Czech economy.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
This indicator informs economic policy decisions and market analysis in Czechia.
Key Facts
- The indicator is measured on a scale of 0 to 100.
- Czechia's consumer confidence has been above the long-term average since 2015.
- The indicator is published monthly by the OECD.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in consumer sentiment and confidence in Czechia, providing insights into economic trends and consumer behavior.
Q: Why is this trend relevant for users or analysts?
A: This composite indicator is a leading economic indicator used by policymakers and analysts to anticipate turning points and assess the overall health of the Czech economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Q: How is this trend used in economic policy?
A: This indicator informs economic policy decisions and market analysis in Czechia.
Q: Are there update delays or limitations?
A: The indicator is published monthly by the OECD, with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Czechia (CSCICP03CZM665S), retrieved from FRED.