Macro - Country Economic Forecasts - Czech Republic

Macro - Country Economic Forecasts - Czech Republic

We have increased our Czech Republic growth forecast for 2022 by 0.5ppts to 2.4% to reflect stronger-than-expected growth of 0.7% q/q in Q1 thanks to a rebound in investment and resilient industrial production and exports of goods. But the outlook remains dimmer in the near term, with growth essentially flat Q2 and Q3 before picking up to 3% in 2023.

Czech Republic: Growth set to weaken in Q2-Q3 following Q1 upside surprise
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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