Macro - Country Economic Forecasts - Czech Republic
We've raised our 2024 GDP growth forecast slightly for the Czech Republic to 1.1% due to historical data revisions. Although economic activity continues to improve, the recovery remains patchy, with manufacturing and construction still constrained by high rates and low demand. But the economy is gaining momentum, the drag from fiscal policy will fade next year, and monetary policy both home and abroad is easing So, growth should pick up to 2.9% next year.
Czech Republic: Consumers drive the uneven recovery