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Total pages 53 page for choosed themes Macroeconomic Forecast

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Survey of macroeconomic forecasts - November 2010

Macroeconomic frameworks of the State Budget and the Budgetary Outlook and MoF forecasts are regularly compared with the results of macroeconomic indicators survey among important relevant institutions (the so-called Colloquium), last round of which took place in November 2010. Outcomes of the 30th round of the survey are based on the forecasts of 15 institutions (Atlantic, Bank of America Merrill Lynch, CERGE-EI, ČNB, ČSOB, Generali PPF Asset Management, ING, Komerční banka, MF ČR, MPO, MPSV, Patria, Raiffeisen, Union of Czech and Moravian Production Co-operatives, UniCredit). To make the survey more representative, the forecasts of two international institutions were added (IMF, OECD).

We thank all participating institutions for their cooperation.

  • Source: MF - Survey of macroeconomic forecasts - November 2010, published 11/2010, for download in PDF format

Published

Survey of macroeconomic forecasts - May 2010

Macroeconomic frameworks of the State Budget and Budgetary Outlook and MoF forecasts are regularly compared with results of macroeconomic indicators survey among important relevant institutions (the so-called Colloquium), last round of which took place in May 2010. Outcomes of the 29th round of survey are based on forecasts of 15 domestic institutions (Cyrrus, CNB, Česká spořitelna, ČSOB, Czech Chamber of Commerce, Komerční banka, MoF, Ministry of Labour and Social Affairs, Patria, PPF, Raiffeisen, Union of Czech and Moravian Production Co-operatives, UniCredit, Wood & Company). To make the survey more representative, forecasts of two international institutions were added (European Commission, IMF).

The Colloquium’s aim was to get an idea on opinions regarding assumed development of our economy and to assess jointly key tendencies within the horizon of years 2010 through 2013, with years 2012 and 2013 seen as indicative outlook. The key indicators and current MoF forecast are summed up in Tables 1 and 2.

In general it can be summed up that, with minor exceptions, MoF forecasts do not differ considerably from average of other institutions’ forecasts.

  • Source: MF - Survey of macroeconomic forecasts - May 2010, published 05/2010, for download in PDF format

Published

Survey of macroeconomic forecasts - November 2009

The last, 28th Colloquium took place in November 2009. Results of the survey are based on forecasts of 15 domestic institutions (Cyrrus, CNB, ČSOB, Generali, Chamber of Economy, Komercni banka, Liberal Institute, MoF, Ministry of Industry and Trade, Ministry of Labour and Social Afffairs, Patria, Raiffeisen, Union of the Czech and Moravian Production Cooperatives, UniCredit, Wood & Company). To make the survey more representative, forecasts of 3 international institutions were added (European Commission, IMF, OECD).

The aim was to assess key tendencies within the horizon of years 2009 through 2012 where years 2011 and 2012 were regarded as indicative outlook. The key indicators and comparison with October MoF forecast are summed up in Tables 1 and 2.

In general it can be summed up that MoF forecasts keep to the average of other institutions' forecasts but are slightly more pessimistic, not allowing for such a fast recovery of the economy.

  • Source: MF - Survey of macroeconomic forecasts - November 2009, published 11/2009, for download in PDF format

Published

Survey of macroeconomic forecasts - August 2009

27th Colloquium took place at the turn of July and August 2009. Results are based on forecasts of 15 domestic institutions (CERGE-EI, Cyrrus, CNB, Česká spořitelna, ČSOB, ING, Komerční banka, Liberal Institute, MoF, Ministry of Industry and Trade, Ministry of Labour and Social Affairs, Patria, Raiffeisen, Union of the Czech and Moravian Production Cooperatives, UniCredit). To make the survey more representative, forecasts of 3 international institutions, engaged in economic forecasts concerning the CR, were added (European Commission, IMF, OECD).

Respondents expressed their views of the economic developments in 2009 through 2012 where years 2011 and 2012 were regarded as an indicative outlook. Summary of key indicators and comparison with the Czech MoF's Macroeconomic Forecast from July 2009, which has been used to formulate macroeconomic framework of draft 2010 State Budget and Budgetary Outlook for 2011-2012, can be found in Tables 1 and 2.

  • Source: MF - Survey of macroeconomic forecasts - August 2009, published 10/2009, for download in PDF format