PARIS/PRAGUE (CIA) - OECD estimates the growth of the Czech economy at 2% this year. The GDP growth is expected to accelerate to 3% next year. This year’s growth will be driven primarily by export and government expenditures, while private consumption and investments will dominate next year.

The unemployment rate in the Czech Republic (according to the International Labour Organisation methodology) will likely grow to 7.8% this year, while a drop to 7.5% is predicted for the next year. The consumer price growth will total 1.8% this year and is expected to accelerate slightly to 2% next year. This stems from the latest forecast published by the OECD.