The economic situation of Czech households

In cooperation with KPMG Czech Republic, STEM implements long-term tracking of the financial and economic situation of Czech households. In mid-2022, we detected a dramatic deterioration in the subjectively perceived financial health of Czech households when the index fell to its lowest value since 2014. The complicated situation of Czech households at a time of the energy crisis and record inflation is underlined by the fact that, when compared to 2021, this was the sharpest year-on-year decline in the index since 1993.