Thanks to approaching 3% growth, the Czech Republic has ranked among the European countries in which the economy is performing best. This is evident from the current Eurostat data.

Stabilized inflation and rising real wages support confidence in the economy, and thus domestic consumption. Despite solid growth, however, a question mark remains over the Czech Republic as an export country for the future – mainly due to the weak economic performance of Germany, to which supply chains are linked.

Source: www.e15.cz
Prepared by the team of the CzechTrade Hungary foreign office.