Another Golden Growth Year Ahead In 2007?

May 2007
Emerging Europe Monitor: Central Europe & Baltic States;May2007, Vol. 14 Issue 5, p1
Country Report
Country Report
The article discusses the economic performance of Czech Republic in 2006 and the country's economic forecast for 2007. Based on a data released by the Czech Statistical Office, the country's growth domestic product for the fourth quarter of 2006 increased by 5.8%, which brought the annual growth rate to 6.1%. Private consumption, which is 37% of the 2006 total growth, was driven by low domestic interest rates. According to the article, Czech's GDP growth in 2007 will be 5.3%.


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