Ministry revises GDP expansion estimate upwards

The Ministry of Finance has improved its estimate for gross domestic product growth to 4.1 percent this year and 3.3 percent in 2018. Officials said they had revised the outlooks upwards in view of the good shape of the Czech economy and international developments. In July the Ministry of Finance had issued estimates of 3.1 percent for 2017 and 2.9 percent for next year.

Author: Ian Willoughby