IE: Export to grow 18% despite offer complications

Published: 19.07.2021 Related countries:  Japan Japan

The Export Index (IE) indicates that despite offer complications, the volume of exports will grow on average 18% y/y in the next five months.

Raiffeisenbank chief economist Helena Horská said that ongoing problems with shortages of material, staff and transportation were being augmented by the arrival of summer holidays and a related decrease in seasonal demand. At the turn of Q3 and Q4 of 2021, however, the performance of Czech exports should remain at a historic high.