World Pandemic Uncertainty Index for Czech Republic
This dataset tracks world pandemic uncertainty index for czech republic over time.
Latest Value
8.31
Year-over-Year Change
-2.58%
Date Range
1/1/1996 - 4/1/2025
Summary
The World Pandemic Uncertainty Index for the Czech Republic measures economic uncertainty related to the COVID-19 pandemic, providing insights into its impacts on 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 World Pandemic Uncertainty Index (WPUI) tracks economic uncertainty in specific countries based on newspaper articles discussing the pandemic. The WPUI for the Czech Republic offers a unique perspective on how the pandemic has affected business and consumer confidence in the country.
Methodology
The index is calculated based on automated text analysis of newspaper articles discussing the COVID-19 pandemic.
Historical Context
The WPUI is used by economists and policymakers to understand the pandemic's economic effects and inform policy responses.
Key Facts
- The WUPICZE reached a peak in March 2020 at the start of the pandemic.
- The index fell through 2020 but remained elevated compared to pre-pandemic levels.
- Elevated WUPICZE indicates persistent uncertainty around the pandemic's economic effects in the Czech Republic.
FAQs
Q: What does this economic trend measure?
A: The World Pandemic Uncertainty Index for the Czech Republic (WUPICZE) measures economic uncertainty related to the COVID-19 pandemic in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: The WUPICZE provides insights into how the pandemic has affected business and consumer confidence in the Czech economy, which is crucial information for economists and policymakers.
Q: How is this data collected or calculated?
A: The index is calculated based on automated text analysis of newspaper articles discussing the COVID-19 pandemic.
Q: How is this trend used in economic policy?
A: The WUPICZE is used by economists and policymakers to understand the pandemic's economic effects and inform policy responses in the Czech Republic.
Q: Are there update delays or limitations?
A: The WUPICZE data is published with a short delay, reflecting the time required for text analysis of the underlying newspaper articles.
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Citation
U.S. Federal Reserve, World Pandemic Uncertainty Index for Czech Republic (WUPICZE), retrieved from FRED.