
Macro - Country Economic Forecasts - Czech Republic
Description
Macro - Country Economic Forecasts - Czech Republic
We have cut our 2022 growth forecast sharply by 1.2pp to 1.9% following Russia's invasion of Ukraine. Higher inflation due to soaring commodity prices is the main cuplrit, but supply chains, the exchange rate and trade will all be negatively affected. We expect the economy to rebound in 2023, growing 3.4% as many of the adverse factors from this year subside.
We have cut our 2022 growth forecast sharply by 1.2pp to 1.9% following Russia's invasion of Ukraine. Higher inflation due to soaring commodity prices is the main cuplrit, but supply chains, the exchange rate and trade will all be negatively affected. We expect the economy to rebound in 2023, growing 3.4% as many of the adverse factors from this year subside.
Table of Contents
8 Pages
- Czech Republic: We have cut our 2022 GDP growth forecast to 1.9%
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Medium-term outlook
- Economic risk
- Economic risk evaluation
- Risk warnings.
- What to watch out for
- Exposure to key global risks
- Background
- Economic development
- Structure of the economy
- Balance of payments and structure of trade
- Politics and policy
Pricing
Currency Rates
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