EC predicts stagnation in Czech Republic

(CIANEWS) - The European Commission forecasts GDP growth in the Czech Republic to slow to 0.1% this year after 2.5% in 2022. Inflation should slow to 9.3% from 14.8%. In 2024, it expects the Czech economy to grow by 1.9% and inflation by 3.5%. The Winter Economic Forecast also shows that the pace of the EU economy is expected to be 0.8% this year (2022: 3.5%) and accelerate to 1.6% in 2024. Inflation in the EU is estimated to fall to 6.4% this year (2022: 9.2%) and 2.8% in 2024.



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