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IMF: Slovak economy forecast to grow 1.4 percent this year, 2.7 in 2014

The Slovak economy is expected to grow by 1.4 percent in 2013, according to the latest prognosis of the International Monetary Fund-IMF, and next year, the gross domestic product is forecast to grow by 2.7 percent.

The Slovak economy is expected to grow by 1.4 percent in 2013, according to the latest prognosis of the International Monetary Fund-IMF, and next year, the gross domestic product is forecast to grow by 2.7 percent.

The SITA newswire quoted the IMF as expecting the inflation of consumer prices in Slovakia to be at 1.9 percent and at 2 percent in 2014. However, the unemployment rate will remain stagnant throughout this year and the next, at 14.3 percent. The IMF stated this in its latest forecast of the global economy which was published on Tuesday, April 16. The economy of the eurozone will decline this year, according to the IMF prognosis, by 0.3 percent, but next year it should grow by 1.1 percent.

(Source: SITA)
Compiled by Zuzana Vilikovská from press reports
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