OECD expects slowdown of the growth of Czech economy to 2.6 %

21. 5. 2019

According to the Organisation for Economic Cooperation and Development (OECD), the growth of Czech economy will slow down in the year 2019 to 2.6 % and in the year 2020 it will be to 2.5 %.

(ČIA) According to the Organisation for Economic Cooperation and Development (OECD), the growth of Czech economy will slow down in the year 2019 to 2.6 % and in the year 2020 it will be to 2.5 %. Household expenditure will increase under the influence of growing wages and social benefits. In the year 2020, the economic dynamic will be slowed down by shortage of labour and weaker foreign demand. Inflation will accelerate in the year 2019 from 2.1 to 2.6 % and in the year 2020 it will slow down to 2.2 %.