wiiw Current Analyses and Forecasts

The Czech Republic: Growth slowdown after the 2010 speed-up


Leon Podkaminer

in: Recovery - in Low Gear across Tough Terrain
wiiw Current Analyses and Forecasts No. 7, March 2011 , pp. 47-50

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The acceleration of GDP growth over the past year in the Czech Republic may not necessarily continue in 2011. Growth in consumption and gross fixed investment will be anaemic and many unknown factors lurk in foreign trade. Monetary policy is doing its level best, but fiscal policy is governed by unreasonable consolidation objectives. This policy may be modified at a later juncture, possibly stimulating growth in 2012 and beyond.


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

Countries covered: Visegrad countries, Czechia