Czech exports seen rising by around 6.0 percent in 2017: consultancy

The Czech branch of the international consultancy Deloitte expects Czech exports next year to rise by around 6.0 percent. A crucial factor, according to the study, is the expected end of the low crown policy which the Czech National Bank says could happen at the earliest from the middle of 2017. Exporters will then probably be faced with an appreciating and fluctuating local currency. Around 84 percent of Czech export currently head to EU countries with companies facing the challenge of boosting sales in the rest of the world where the prospects could be better, the report says.

Author: Chris Johnstone