EC predicts Czech economy will grow stably by 2.9%

7. 2. 2019

Czech Republic’s gross domestic product is expected to show stable year-on-year growth dynamism of 2.9% for 2019.

(ČIA) Czech Republic’s gross domestic product is expected to show stable year-on-year growth dynamism of 2.9% for 2019. The economy will then slow down to 2.7%, the European Commission predicts in its winter forecast. According to the predictions, the inflation rate will accelerate by 0.1 p.p. to 2.1% in 2019. A year later the consumer price growth is expected to slow down to 2.1%. A year later the consumer price growth is expected to slow down to 1.9%. EC has also informed that given the process UK’s exit from the EU, the forecasts for 2019 and 2020 are based on the fully technical assumption that business relations between EU27 and the UK will remain unchanged.