The newly elected Board of the Czech Member Association CAHP presented its economic outlook for 2023: The GDP is expected to fall by 1.1%, average inflation will reach 8.5%.

The energy crisis, problems in supply chains and high inflation – these are three fundamental factors that affected the Czech economy last year and will continue to affect it this year as well. The originally expected recovery after the covid pandemic did not occur, and the country, on the contrary, had to deal with a recession. This will continue in the first half of 2023; a slight recovery could occur in the second half of the year.

Members of the new elected board are:

	Mr. Čadan, Global Product Management, Argo-Hytos Chairman of CAHP board, commercial matters
	Mr.Tlustoš, Leader of Sales Technical Support, Bosch Rexroth Vice-chairmen Normalization
	Doc. Ing. Petr Heřmánek, Ph.D., Czech Agriculture University Vice-chairman for Schools and Universities
	Mr. Jáchym, Design Department Leader Finances, info from the CSSS (superior body CAHP, finances and balance sheets)
	Mr. Jan Vaníček, Sales Manager and Mr. Perník Development and Design Department Hydraulics, Argo-Hytos Educational Seminar guarantors
	Mr. Vladimír Perník, Development and Design Department Hydraulics, Jihostroj a.s. Educational Seminar guarantor
	Mrs.Olga Křížová Secretary of Czech Machinery Association