Analysts: Economic outlook remains positive

27. 12. 2017

In December 2017, the main influence on the increased confidence in national economy came from entrepreneurs.

(CIANEWS, Dec 27) In December 2017, the main influence on the increased confidence in national economy came from entrepreneurs. In the next three months, industrialists expect production to grow, which, at an approximate 6% pace in 2017, brings a promising outlook for the sector’s development in 2018 as well. In reaction to the data published by the Czech Statistical Office (ČSÚ), this statement was made by Czech Banking Association chief economist Eva Zamrazilová. Despite the worse sentiment in retail, Komerční Banka economist Marek Dřímal expects an ongoing increase in wages, consumption and revenues in the entire economy. AKCENTA analyst Miroslav Novák said that domestic companies more or less expected a stable or slightly higher increase in production and did not intend to lay their staff off. According to him, the outlook for the growth of the national economy remains positive for 2018.