TITLE

Growth Estimates Slashed On Eurozone Exposure

PUB. DATE
January 2012
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Jan2012, Vol. 19 Issue 1, p6
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents an economic growth outlook of the Czech Republic for 2012. It forecasts that the country's real gross domestic product (GDP) will drop to 0.8% in 2012 from the previous 2.3% estimate and the Eurozone economy will fall 0.2% which will impact the Czech export-driven economy. It projects that export growth will slow to 3.0% in 2012 from the previous 14.2% forecast due to the sharp moderation in external demand. It highlights that the risks to the outlook remain to the downside.
ACCESSION #
69632631

 

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