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Czech News in English » Business » Finance » FinMin: Real GDP will grow 3.9% in 2015

FinMin: Real GDP will grow 3.9% in 2015

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The Ministry of Finance has revised its prediction of the real dynamism of the gross domestic product (GDP) in 2015 from 2.7% to 3.9%. The prediction foresees higher dynamism of investments and takes into account the reported increase in reserves. The nominal growth prediction was raised from 4.7% to 4.9%. The ministry predicts strong economic growth of 2.5% of GDP, accompanied by 1.5% inflation rate. Growing demand from firms for employees may be expected to lead to higher pressure on wages.

Source: www.cianews.cz

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