Analysis, data & forecasts on every country across the region

Economy / Czech Republic

Macroeconomic Forecast Czech Republic

July 2010 | Macroeconomic Forecasts

The Czech koruna strengthened against the euro through July, moving towards the upper bounds of its multi-month trading range as European sovereign debt fears subsided. Despite this good run, we take a neutral stance towards to koruna going forward. Indeed, while we believe that a dependable Czech economy and fiscally conservative government should ensure the unit it well supported, we see upside as capped by the Czech National Bank's loose monetary policy and its likely continuation. We forecast that the koruna will come in at CZK24.50/EUR at end-2010.

To read the full article, please choose one of the following options:

Subcribers please log in

Related Monitor Articles
More Ructions Ahead For The Coalition

Political Risk / Czech Republic We maintain that the Czech Republic will likely form a new coalition government at some point this year. A governmental collapse, as seen in 2009, is not our core scenario, as given coalition parties'...
May 2011
Czech Republic

Economy / Czech Republic The Czech centre-right coalition government survived a vote of no confidence on April 26 after all three parties of the coalition vowed support for the government. This came after weeks of ructions between...
April 2011
Macroeconomic Forecast Czech Republic

Economy / Czech Republic We expect the labour market in the Czech Republic to experience a moderate recovery this year, and we are forecasting unemployment will come down slightly to average 8.9%, from 9.0% in 2010. This trend...
April 2011
Czech Republic

Economy / Czech Republic The Czech Moravian Confederation Of Trade Unions (CMKOS) are planning a media campaign against the centre-right government's proposed reforms, in particular those relating to pensions, health care, tax...
March 2011
Macroeconomic Forecast Czech Republic

Economy / Czech Republic Industry continues to power ahead, with industrial production increasing by 16.9% y-o-y in January. As expected, the 'manufacturing' component was the key driver of the index, increasing by 21.9% y-o-y,...
March 2011
Central Europe & Baltic States MonitorCentral Europe & Baltic States Channels Central Europe & Baltic States Countries


All material on this site is protected by international copyright laws and use of this site is subject to our Terms & Conditions.
© 2013 Business Monitor International Ltd
Site powered by WORKSsitebuilder CMS