TABLE-Czech FinMin quarterly macroeconomic forecasts

27.10.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

    Oct 27 (Reuters) - The Czech Finance Ministry released on 
Friday the following quarterly update of its macroeconomic 
forecasts for 2006 and 2007 (previous forecasts made in July in 
brackets). 
    The outlook is in line with the predictions the ministry 
released earlier this month as part of its 2007 draft budget. 
 
                                       2006             2007 
 GDP growth (pct)                    6.0  (6.2)      4.9  (5.0) 
 avg inflation (pct)                 2.8  (2.6)      3.0  (2.8) 
 avg unemployment (pct)              7.2  (7.6)      6.7  (7.4) 
 current account gap (pct/GDP)       3.4  (3.0)      2.4  (2.6) 
 trade balance (CZK bln)            45.0 (58.0)     60.0 (75.0) 
 public sector balance 
  (excl. net lending and 
   transformation costs, pct/GDP)*  -4.0 (-3.7)     -4.0  (n/a) 
 end-yr public debt (pct/gdp)       27.5 (26.7)     28.5  (n/a) 
 
    NOTE. The ministry released the forecasts on its official 
Web site: www.mfcr.cz.  
    * The fiscal deficit projections are under a methodology 
that is different from 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) 
 ((For past economic data and analysts' forecasts, double click 
on <CZ/ECON01>)) 
 ((prague.newsroom@reuters.com; +420-224 190 477)) 
  Keywords: ECONOMY CZECH FORECASTS TABLE  
    

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