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Pre-COVID Growth Trends Now Deemed 'Unachievable'

CZECHIA
  • The Czech stats office yesterday stated that the average annual growth rate posted between 2014-2018 of +4.5% is now unachievable due to the long-lasting impacts of the COVID pandemic and the war in Ukraine.
  • A longer phase of inflation is expected to remain throughout 2024, according to a survey of businesses and sole traders, as over 75% of respondents see FY inflation above 5%.
  • Finance ministry are set to release foreign bondholding stats later today, with money supply for November set to follow. Previous reading was +8% Y/Y.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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