Macro - Country Economic Forecasts - Czech Republic
We've kept our 2024 GDP growth forecast for the Czech Republic unchanged at 1.1% and cut our 2025 forecast by 0.3ppts to 2.9%. The economy continues to make gains, but high hopes of a swift, consumer-driven recovery have not materialised. Timely indicators point to flagging momentum in Q3, both at home and abroad. We therefore expect slightly slower growth momentum heading into 2025, though the economy should continue to expand every quarter.
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