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Finance Ministry Revises GDP Growth Outlook Higher, Trims CPI Forecast

CZECHIA

Finance Minister Zbynek Stanjura declared that the "crisis is over" as his ministry's new quarterly macroeconomic forecast showed that GDP should finally return to pre-COVID-19 levels this year after Czechia lagged behind EU peers in terms of its economic recovery.

  • Key figures from the new forecast include:
    • 2024 GDP +1.4% Y/Y (prev. +1.2%)
    • 2025 GDP +2.6% Y/Y
    • 2024 CPI +2.7% Y/Y (prev. +3.1%)
    • 2025 CPI +2.4% Y/Y
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