Macroeconomic Forecast - July 2012

Dept 37 - Economic Policy Department
Dept 37 - Economic Policy Department


  • Macroeconomic Forecast
  • Statistics

Tables and Graphs

Macroeconomic Forecast in a Nutshell

Structure of the presentation

  • Forecast Assumptions
    • risks of the forecast
    • external environment
    • fiscal policy
    • monetary policy, interest rates and exchange rates
    • structural reforms
  • Economic Cycle
  • Forecast of Macroeconomic Indicators
    • economic output
    • inflation
    • labour market
    • external relations

Source: MOF - Financial Policy Department, July 2012.


  • The Macroeconomic Forecast is prepared by the Financial Policy Department of the Czech Ministry of Finance on a quarterly basis. It contains a forecast for the current and following years (i.e. until 2013) and for certain indicators an outlook for another 2 years (i.e. until 2015). As a rule, it is published in the second half of the first month of each quarter.
  • Any comments or suggestions that would help us to improve the quality of our publication and closer satisfy the needs of its users are welcome. Please direct any comments to the following email address:  
  • Cut-off Date for Data Sources:
    The forecast was made on the basis of data known as of June 28, 2012. No political decisions, newly released statistics, or world financial or commodity market developments could be taken into account after this date.