Czech export to grow by double digits

Published: 04.05.2021 Related countries:  Egypt Egypt

Predicting the development of Czech exports based on statistical data, promises a double-digit increase.

The Export Index (IE), predicting the development of Czech exports based on statistical data, promises a double-digit increase in Czech exports in the next three months. Among other things, a low comparative base will have a positive effect. Raiffeisenbank chief economist Helena Horská said that the export’s expansion to a precoronavirus level would be hindered mainly by lacking material and equipment for production. Association of Exporters vice chairman Otto Daněk added that inflation and corrosion of supplier-purchaser chains could also pose a risk.

Source: www.cianews.cz/en

Prepared by the team of CzechTrade Cairo.