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Macro - Country Economic Forecasts - Czech Republic

Publisher Oxford Economics
Published Sep 30, 2025
Length 8 Pages
SKU # OFE20535966

Description

We've nudged up our 2025 growth forecast for the Czech Republic by 0.1ppt to 2.2% after an upward revision of the Q2 growth data to 0.5% q/q. Growth is driven almost solely by rebounding consumer spending, and fixed investment and exports remain subdued. The latter is particularly an issue, as it drags on medium-term growth prospects. The economy is likely to slow in H2, leading to softer carryover into 2026. But growth should remain resilient at 1.8% next year.

Table of Contents

8 Pages
Czech Republic: Economy picks up momentum ahead of elections
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
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Politics and policy

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