Economic forecast, Winter- revision

  • Statistical Series
  • 22. February 2019
  • Vol 104, Issue 4
  • ISSN: 1670-4770

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GDP is expected to increase by 1.7% in 2019. The growth is significantly lower than the 4.4% average growth rate for the last five years. The worsening economic outlook for this year is mostly derived from lower than expected exports, with 3% increase in gross national expenditure. GDP growth is expected to be between 2.5-2.8% in the next years.

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