Entries for 'Czech Republic'
May 27, 2020
We now expect an even deeper output contraction of 5.7% in the CEEMEA region. Effects of the COVID-19 shock are increasingly visible in the data for March-April. We downgrade growth in South Africa, the Czech Republic, Ukraine, and Russia. The fall in activity prompted authorities to implement fiscal stimulus measures. Together with cyclical revenue weakness, additional spending will widen deficits. CEEMEA central banks cut rates and some began government bond purchases.
April 20, 2020
COVID-19 is projected to bring about a 4.7% output contraction in 2020. This is partly the result of the looming deep recession in the Euro area. Virus containment measures will also lead to weaker domestic demand. Markedly wider fiscal deficits could intensify debt sustainability concerns.
July 22, 2019
Labor shortages and fragile investor confidence will constrain output growth. Policies will likely become more accommodative, thanks to a dovish ECB and Fed. The external financing and inflation outlook will remain challenging for some. Slow progress in addressing structural problems will intensify vulnerabilities.
July 23, 2018
Supply-side constraints will reduce the growth rate to 3.7% this year. Monetary policy normalization has begun, but fiscal policy turned pro-cyclical.
August 9, 2017
The general government budget is likely to remain in surplus this year, as tax revenue grows robustly and capital expenditures remain at their lowest
July 6, 2017
Bracing for tighter monetary policy Central Europe-expansion under way South Africa-c/a structural deficit U.S. financial regulation-reducing the burd
June 22, 2017
The koruna appreciated 2.5% against the euro after the exit from the fixed currency regime. The central bank has sought to moderate the appreciation t
June 15, 2017
Markets respectfully disagree Euro area bonds-staying positive Turkey-growth bump Central and Eastern Europe-at potential Egypt-inflation rate will de
April 6, 2017
Eyes back on central banks' Potential for political upset in France South Africa - downgraded amid heightened political risk Czech Republic - a new er
February 27, 2017
Real GDP growth slowed to 2.3% last year as investments shrank by 2% amid reduced transfers from the EU budget.' Growth is likely to stay at 2-2.5% th
November 8, 2016
With the output gap closed, growth should reach 2.7% this year and 3% in 2017. Exports remain the main driver of growth, widening the current account
March 22, 2016
The economy performed well in 2015, and the output gap has closed. Headline inflation remains well below the central bank's target despite output at p
July 30, 2015
Twelve-month headline inflation rem
May 5, 2014
Rebounding industrial production, exports and business sentiment suggest that the recovery has gained momentum this year. The near-term outlook has im
August 19, 2013
Real GDP growth recovered in the second quarter and short-term indicators suggest further firming in the third quarter. Domestic demand remains very w
April 22, 2013
Inflation has slowed and external deficits narrowed, but growth prospects have deteriorated in Emerging Europe. With fiscal space constrained, central