Czech industry growth in 2020

Published: 06.01.2020 Related countries:  India India

Analysts predict stagnation of industry in 2020





The Czech industry will most likely not show a full-year growth in


2020 for the first time since 2013. It will rather only stagnate. This is


predicted by UniCredit Bank Czech Republic and Slovakia economist


Patrik Rožumberský. ČSOB’s analyst Petr Dufek predicts rather


a very weak 1H, which will be influienced also by a lower demand for


cars and other goods for export. Raiffeisenbank’s chief economist


Helena Horská thinks that branches depending on cheap labour will


have a growing problem coping with a further growth in labour


costs. CZECH FUND’s chief economist Lukáš Kovanda thinks that


the full-year result of the industry will be in a range from 0 to -0.5




Zpracoval kolektiv pracovníků zaharniční kanceláře CzechTrade Bangalore.