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Macro - Country Economic Forecasts - Czech Republic

Publisher Oxford Economics
Published Jan 31, 2026
Length 8 Pages
SKU # OFE20872801

Description

We have kept our 2026 Czech GDP growth forecast at 2.2%, but think risks are skewed modestly to the upside. The economy grew 0.5% q/q in Q4 last year, in line with our expectations, resulting in a 0.9ppts carryover into 2026. However, growth remains mostly driven by consumer spending, with investment growth still soft and net trade broadly neutral for growth. We expect the growth structure to rebalance only gradually throughout 2026.

Table of Contents

8 Pages
Czech Republic: Domestic economy carries solid momentum
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Medium-term outlook
Economic risk
Economic risk evaluation
Risk warnings.
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Politics and policy

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