Macro - Country Economic Forecasts - Czech Republic

Macro - Country Economic Forecasts - Czech Republic

We forecast the Czech economy will contract 0.6% in 2023, as the winter recession is followed by a meagre recovery in H2. The economy continues to grapple with high inflation, tight monetary policy, and weakening demand, both home and abroad. We expect growth to pick up to 2.7% in 2024 as inflation subsides and monetary policy starts to normalise.


Czech Republic: Although Inflation is easing, growth underwhelms
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

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