Czech Republic : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Czech Republic

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

June 26, 2017

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2017 Article IV Consultation highlights the strong Czech economy. It grew by 2.4 percent in 2016, and unemployment is now the lowest in the European Union. Headline inflation is at the target, and external deflation pressure has faded. In addition, nominal incomes are growing solidly. Given momentum in the economy, real GDP growth is projected to increase to 3 percent in 2017, largely driven by domestic demand. Strong economic growth and better revenue collection mean a surplus of 0.4 percent of GDP is expected for 2017; current policies and improved tax collection would imply continued small surpluses from 2018.

Series:

Country Report No. 17/168

Subject:

English

Publication Date:

June 26, 2017

ISBN/ISSN:

9781484305256/1934-7685

Stock No:

1CZEEA2017001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

75

Please address any questions about this title to publications@imf.org