wiiw Forecast Reports
CZECH REPUBLIC: Broad-based but quite moderate growth
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The robust demand for consumer, investment and export goods is conducive to broad-based growth. However, deepening labour shortages are preventing further strong output expansion, while rapidly rising wages are starting to affect profitability. Monetary policy does not face any serious dilemmas. Under the new government, stability-oriented fiscal policy will be preserved.
Countries covered: Czech Republic