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Article: Czech Republic Business Report Daily.
- Article from:
- Czech Republic Business Report Daily
- Article date:
- November 22, 2004
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HEADLINES
OECD raises Czech GDP forecast for this year to 3.9 %
The Organization for Economic Cooperation and Development (OECD) has upped its estimate for Czech GDP growth to 3.9 % in 2004 from its previous estimate of 3.1 %, according to figures in its newly released Economic Survey of the Czech Republic.
The OECD expects the Czech economy to grow 4.2 % in 2005, up from its 3.4 % growth forecast in June. The growth should slow to 4.1 % in 2006, according to the OECD.
"Growth in the Czech Republic will be somewhat above potential this year and next, marking substantial progress over past performance and reflecting the success of past ...