Economic forecast, summer 2013
Economic growth reached 1.6% in 2012 and is projected to be 1.7% in 2013, less than previously expected due to subdued consumption and investment growth. The forecast for 2014–2018 assumes the gradual economic recovery, driven by investment and consumption, will gather more steam with yearly growth of around 2.8% for 2014 through 2018. Growth may be impacted if planned large scale industrial projects are delayed or cancelled.
