The Ministry of Economy announced economic forecasts for the 2013 year.
The Ministry of Economy confirms information about the slowdown in consumer and investment growth. This trend has become expected and logical, despite the increase in oil prices (from $ 97 to $ 105 per barrel).
In 2013, economic growth should be no more than 2,5%. In February, growth was expected to be from 3 to 3,2%. GDP growth will not exceed 2,4% (previously referred to 3,6%). In fact, the real indicator may be equal to 1,7%.
The slowdown in economic activity continues. The increase in investment is 4,6% (previously the indicator was 6,5%). Retail turnover decreased from 5,6% to 4,3%.