TABLE-Czech FinMin quarterly macroeconomic forecasts

...forecasts made in July in 
brackets). 
    The outlook is in line with the predictions the ministry 
released earlier this month as part of its 2008 draft budget. 
 
                                         2007          2008 
 GDP growth (pct)                     5.9  (5.8)    5.0  (5.0) 
 avg inflation (pct)                  2.3  (2.3)    3.8  (3.4) 
 avg unemployment (pct)               5.5  (5.8)    4.8  (5.5) 
 current account gap (pct/GDP)        2.8  (2.1)    2.5  (1.5) 
 trade balance (CZK bln)            106.0(111.0)  117.0(129.0) 
 general govt deficit (pct/GDP)*      3.4  (3.9)       n/a 
 
    NOTE. The ministry released the forecasts on its official 
Web site: www.mfcr.cz 
    * The fiscal deficit projections are under the European 
Union's ESA 95 rules, used to track a member country's success 
in lowering its deficit below the limit of 3 percent of GDP to 
meet euro adoption rules. 
    The public sector deficit includes the state budget as well 
as local budgets, public health insurance and various off-budget 
funds. 
 
 (Reporting by Mirka Krufova in Prague) 
  
  
  Keywords: ECONOMY/FORECASTS  
    

[Reuters/Finance.cz]