Macroeconomic Forecast for the Czech Republic
According to the Czech Finance Ministry´s Macroeconomic Forecast consumer prices should grow slightly more than 2 % this year. The ministry is also expecting a weak slowdown in economic growth to 1.9 %; growth should primarily be driven by foreign trade. In 2012 GDP should increase by 2.3 %. This year unemployment should fall to 6.9 %; in 2012 it should fall to 6.5 %. The volume of salaries should increase by 2.1 %.
Source: Daily News Czech AM, www.cianews.eu