Macro - Country Economic Forecasts - Czech Republic

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.

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
Economic development
Structure of the economy
Balance of payments and structure of trade
Politics and policy

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