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2008 OECD Economic Outlook, Volume 2008 Issue 1

image of OECD Economic Outlook, Volume 2008 Issue 1
This June 2008 issue of OECD's twice-yearly OECD Economic Outlook provides analysis of recent economic developments and economic projections for OECD and major non-OECD countries through the end of 2008. Its comprehensive statistical annex is a useful reference tool for international economic comparisons. The special chapter examines the implications of supply-side uncertainties for economic policy.

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Czech Republic

Following three years of growth in excess of 6%, real GDP is expected to decelerate to around 4½ per cent for 2008 before picking up again in 2009. Most of the slowdown is due to a spike in inflation that has squeezed real household disposable incomes.

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