Exports in Czech Republic

Czech Republic Exports | Economic News & Forecasts

Czech Republic - Exports

The economy performed better than expected in Q1, as household and capital spending led to an acceleration in annual GDP growth. The easing of restrictions and stronger business sentiment were likely behind the solid reading, while souring consumer sentiment and rising inflation seemed not to have weighed significantly on household spending. Moving to Q2, momentum looks set to cool. Consumer sentiment fell further in April, while inflationary pressures will have remained strong. On the other hand, business sentiment rebounded in the month. In April, the government lowered the excise duties on petrol and diesel until the end of September. Moreover, in April, the cabinet dropped remaining restrictions for international travelers, which should be supporting the tourism industry. Recently, Fitch revised the country’s credit outlook from stable to negative, and maintained the ‘AA-’ rating.

Czech Republic - Exports Data

2015   2016   2017   2018   2019  
Exports (USD billion)128  131  146  161  -     

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Czech Republic Facts

Value Change Date
Bond Yield1.64-1.85 %Dec 31
Exchange Rate22.76-0.66 %Dec 30

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