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2017 OECD Economic Outlook, Volume 2017 Issue 2

image of OECD Economic Outlook, Volume 2017 Issue 2

The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.

Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a special chapter on resilience in a time of high debt, a chapter summarising developments and providing projections for each individual country and a statistical annex.

 

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Czech Republic

Strong growth will continue in 2018 and 2019, driven by robust private demand and a dynamic external sector. Increasing wages will support household consumption and low interest rates will boost capital investment. Labour shortages will weigh on growth. Historically low unemployment will push inflation above the central bank’s 2% target.

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