Analysts issue favourable growth prediction for 2014

The Czech economy is expected to grow by over 2 percent next year following contraction over the past two years, analysts polled by the CTK news agency said. Global recovery and projected changes to the government´s budgetary policy are behind the favourable prediction. Analysts believe that, despite the central bank´s forex interventions to weaken the crown, inflation will stay low at the start of next year due above all to falling energy prices and unemployment will stay above 7 percent.