wiiw Forecast Reports
THE CZECH REPUBLIC: Benefiting from a positive demand shock
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THE CZECH REPUBLIC
Given the relatively low level of debt in the private sector and the growth-friendly monetary policy, a further moderate recovery should be forthcoming in 2016-2017 (with growth averaging 2.35%). However, the current expansion of infrastructural investment is not going to extend into the years ahead. Uncertainties also persist where the performance of foreign trade is concerned. Furthermore, growth might be seriously impaired, were the previous fiscal consolidation policy to be reintroduced.
Countries covered: Czech Republic, Visegrad countries