wiiw Forecast Reports
THE CZECH REPUBLIC: Back to normal
in: Growth Stabilises: Investment a Major Driver, Except in Countries Plagued by Recession
wiiw Forecast Report No. Spring 2016, March 2016 , pp. 71-75
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The recent expansion of infrastructural investment is not going to extend into the years ahead. However, in the light of the low level of debt in the private sector and the pursuit of monetary policy conducive to growth, further moderate recovery, with growth averaging 2.4%, should be assured over the period 2016-2018, notwithstanding the uncertainties that persist concerning the future course of fiscal policy and foreign trade performance given the (expected) strengthening of the domestic currency.
Countries covered: Czech Republic