IE: Export to grow by double digits

Published: 10.05.2021 Related countries:  Japan Japan

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.