Public trust in CNB reaches highest level in over a decade

According to the latest survey conducted by the STEM agency, 76% of the Czech population trusts the Czech National Bank (CNB) – the highest level since 2013. This strong public confidence is partly due to the CNB’s success in taming inflation. For more than a year and a half, prices have been rising at a moderate pace close to 2%. The central bank is thus succeeding in fulfilling its primary mandate of maintaining price stability.

The Czech National Bank has long enjoyed the trust of the public, as confirmed by regular opinion polls. This trend has strengthened in recent months – the 76% trust rating is the highest recorded since 2013.

The CNB’s primary objective is to maintain low, stable and predictable inflation. This goal is being met: prices have been rising at a moderate pace close to 2% for over 18 months. Average inflation for the full year 2024 was the lowest since 2018.

Public trust also plays a role in the future path of inflation. When individuals and firms have confidence in the central bank, it can positively influence their expectations and decision-making – from investment planning to pricing strategies. Strong trust thus fosters a stable environment that benefits households, businesses and the overall competitiveness of the Czech economy.

According to the latest STEM survey, 76% of people trust the central bank – an increase of 3 percentage points compared to April this year and the highest level in more than a decade. The last time the CNB recorded higher trust was in 2013 (77%). In 2012, the figure was 78% – the best result in the bank’s history.

Data source: STEM, Trendy 1999–2025

Petra Vlčková
CNB spokesperson