Czechs see 5.9 pct GDP growth in 2007-budget draft

01.10.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

The Czech economy will grow 5.9 percent this year, marginally more than a previous estimate of 5.8 percent, according to updated 2008 budget...

...draft documents obtained by Reuters on Monday.

The draft, due to be discussed by parliament in the next few weeks, forecasts 2008 gross domestic product (GDP) growth of 5 percent, unchanged from the previous prediction.

The forecast updated the Finance Ministry's July economic predictions which were used in previous versions of the 2008 budget draft.

The government also raised the 2008 average inflation forecast to 3.8 percent from 3.4 percent.

[PRAGUE/Reuters/Finance.cz]

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