CEZ Group | MF expects GDP to grow 3.1% in 2019

MF expects GDP to grow 3.1% in 2019

31. 7. 2018

The Czech Ministry of Finance (MF) counts in GDP to grow 3.2% in 2018 and 3.1% in 2019.

ČIA) The Czech Ministry of Finance (MF) counts in GDP to grow 3.2% in 2018 and 3.1% in 2019. Within the framework of a regular forecast, the Ministry said as much and added that despite the growth's slowdown, positive economic situation should remain. Economic performance should be still driven by household consumption. Investments should be stimulated by EU funds, the need to innovate technical equipment and the decreasing ratio of relative capital price to labour price. On the other hand, increasing uncertainties outside the Czech economy should have a negative effect on the foreign-trade balance.