wiiw Forecast Reports

CZECHIA: Outlook lukewarm at best


Zuzana Zavarská

in: Bracing for the Winter
wiiw Forecast Report No. Autumn 2022, October 2022 , pp. 80-83

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The resilience of the Czech economy is fading, and it is anticipated that the coming months will bring recessionary pressures. The reasons for pessimism are piling up: inflation will remain high, real wages will continue to decline, and industry will struggle with supply-chain issues. As a result, after 2% in 2022, growth will slow to a modest 1% in 2023.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Czechia