Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Czechia
Monthly
CZEPROMANMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.50
Year-over-Year Change
-2.76%
Date Range
1/1/1991 - 3/1/2024
Summary
The Monthly Economic Sentiment Indicator (CZEPROMANMISMEI) tracks overall economic sentiment in the Czech Republic. It is a key leading indicator used by policymakers and analysts to gauge the health of the Czech economy.
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
The Monthly Economic Sentiment Indicator is a composite index that measures the confidence of consumers, businesses, and other economic actors in the Czech Republic. It provides a snapshot of current economic conditions and helps forecast future trends.
Methodology
The data is collected through surveys of households and firms and then aggregated into a single index number.
Historical Context
This indicator is closely watched by the Czech National Bank and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The index ranges from 0 to 200, with 100 representing a neutral sentiment.
- Higher readings indicate optimism, while lower readings signal economic pessimism.
- The indicator is released monthly by the Czech Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Monthly Economic Sentiment Indicator measures the overall level of confidence and optimism among consumers, businesses, and other economic actors in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key leading economic signal that helps policymakers and analysts assess the current state and future direction of the Czech economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of households and firms, which are then aggregated into a single composite index number.
Q: How is this trend used in economic policy?
A: The Czech National Bank and other institutions closely monitor the Monthly Economic Sentiment Indicator to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The indicator is released monthly with a short delay, providing timely information on the state of the Czech economy.
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Citation
U.S. Federal Reserve, Monthly Economic Sentiment Indicator (CZEPROMANMISMEI), retrieved from FRED.