wiiw Forecast Reports

THE CZECH REPUBLIC: The second dip about to be left behind


Leon Podkaminer

in: On Thin Ice: CESEE Core Resilient in the Face of EU Stagnation and the Ukraine Crisis
wiiw Forecast Report No. Autumn 2014, November 2014 , pp. 55-57

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The Czech economy is finally recovering from the effects of fiscal consolidation. Given the relatively low levels of debt burdening both the government and the private sector (corporate as well as household debts) coupled with growth-friendly monetary and fiscal policies, recovery over the biennium 2014-2015 seems assured. Acceleration of growth, however, may only be gradual as fixed investment is unlikely to expand at a markedly high rate. Doubts have recently arisen about the country’s foreign trade performance in the years to come.


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

Countries covered: Czechia, Visegrad countries