The Czech economy will grow by 3.2%
The economic growth in the Czech Republic will likely reach the level
of +3.2% in 2021 after a drop of 5.7% in 2020. The dynamic will
likely accelerate to 5% in 2022. This stems from the winter forecast
published by the European Commission (EC). EC expects the
economic recovery to begin in 2Q 2021. The growth will likely be
driven by the private consumption reflecting the stable situation on
the labour market and deferred demand. After reaching 3.3% in
2020, inflation will likely slow down to 2.5% in 2021 and 2.2% in
2022.
Source: www.cianews.cz
Zpracoval kolektiv pracovníků zahraniční kanceláře CzechTrade Bengalúru.