The Slovak economy is estimated to grow by 3.2 percent of GDP this year and by 3.1 percent in 2016, according to the latest macroeconomic prognosis released by the Finance Ministry. "The main driving force of economic growth still lies in the labour market, domestic consumption and, last but not least, larger public investments", said Finance Minister Peter Kažimír. He expects 41,000 new jobs to be created this year. Real salaries are likely to record their second highest level of growth since the crisis, namely 2.5 percent. Furthermore, the Finance Ministry expects inflation to stay below zero throughout this year as well, with prices estimated to grow at around 1 percent next year.
Anca Dragu, Photo: SITA
