IMF: Czech economy to slow down to 3.1% in 2018

Published: 10.10.2018 Related countries:  Czech Republic Czech Republic

Czech economy’s growth rate will slow down to 3.1% in 2018 from 4.3% in 2017.

This is predicted by the International Monetary Fund (IMF) in the regular World Economic Outlook. The IMF estimates that the decline will continue in 2019 and GDP will slow down to 3%. According to IMF, Slovakia will grow 3.9% this year, up 0.5 p.p. against 2017. The fund predicts that Slovak economy’s dynamism will increase further to 4.1% in 2019.

 

Source: ČIA NEWS, October 10th, 2018
Compiled by the team of CzechTrade office in Riga.