Czech Republic: 2019 Article IV Consultation-Press Release and Staff Report
Electronic Access:
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Summary:
The economy is doing well, but supply constraints are biting. Growth has slowed as the economy has reached capacity limits, with very low unemployment even as participation has increased. Recent wage increases have been very strong, ahead of productivity. So far, inflation remains contained. The economy continues to run a current account surplus, even though domestic absorption has picked up. But the housing market is pressured, especially in metropolitan areas. Policies should balance risks of overheating against a faster-than-expected slowdown and aim to boost potential growth.
Series:
Country Report No. 2019/160
Subject:
Anti-money laundering and combating the financing of terrorism (AML/CFT) Banking Crime Economic and financial statistics External sector statistics Fiscal policy Fiscal stance Income Inflation Labor National accounts Prices Public financial management (PFM)
English
Publication Date:
June 13, 2019
ISBN/ISSN:
9781498319355/1934-7685
Stock No:
1CZEEA2019001
Pages:
67
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