Fiscal Balance in Czech Republic

Czech Republic Fiscal Balance | Economic News & Forecasts

Czech Republic - Fiscal Balance

The economy kept its momentum at the start of the year, with growth marginally above that of Q4 2018’s. Firm household spending underpinned activity as consumers benefited from rising real wages, while exports recorded the slowest growth since Q3 2013 on downbeat demand from Eurozone partners. Available data for the second quarter is mixed. While retail sales surged in April amid a tight labor market, the manufacturing PMI lingered in contractionary territory in May and economic sentiment sunk in June. Meanwhile, the political sphere has been rocked by massive protests in June, the largest seen since 1989. Graft allegations against Prime Minister Andrej Babis triggered the demonstrations and, although Babis’ government survived a no-confidence vote on 27 June, he will likely remain under pressure as the European Commission continues to investigate him for conflict of interest.

Czech Republic - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-     -     -     -     -     

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Czech Republic Facts

Bond Yield1.45-1.85 %Jul 11
Exchange Rate22.69-0.66 %Jul 11
Stock Market1,047-0.10 %Jul 11

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