PragueConnect.cz - Economy

PragueConnect.cz is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on PragueConnect.cz!

FinMin: GDP to grow by 2.7% in 2016 and 2.6% in 2017

The real GDP of the Czech Republic will grow by 2.7% in 2016. This stems from a macroeconomic prediction of the Ministry of Finance of the Czech Republic (FinMin). The ministry predicts a growth in GDP by 2.6% in 2017. The average inflation rate will reach the value of 0.5% in 2016 and 1.6% in 2017. The unemployment will decrease to 4.7% in 2016 and 4.6% in 2017.

Source: www.cianews.cz