The prediction of inflation in the Czech Republic reaches 2.3% at
a one-year horizon. This stems from a December survey among
analysts published by the Czech National Bank (ČNB). The
economists predict a growth in consumer prices by 2.0% in their
three-year outlook. Lower import prices may affect the pace of
growth of the domestic price level. The respondents also think that
the GDP growth will reach 2.5% for 2019 and 2.1% for 2020. No
dramatic economic downturn is foreseen over the next year, as the
German economy is expected to recover gradually. According to the
majority of the respondents, ČNB rates will remain on their current
levels in the years 2020.
Zpracoval kolektiv pracovníků zahraniční kanceláře CzechTrade Bangalore.