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2019 OECD Economic Outlook, Volume 2019 Issue 1

image of OECD Economic Outlook, Volume 2019 Issue 1

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 the effects of digitalisation on productivity and a chapter summarising developments and providing projections for each individual country.

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Czech Republic

Economic growth will remain robust in 2019 and 2020, although slowing to around 2½ per cent. Household consumption will grow fast thanks to growing wages and social benefits. Government spending and private investment will also contribute to growth. Labour shortages and weaker demand from trading partners will restrain growth in 2020.

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