Outlook for 2011-15: Economic forecast.

The article forecasts economic conditions in the Czech Republic in 2011-2015. The economy grew by 2.3 percent in 2010, but this growth is expected to slow down by 2011 to around two percent. Consumer spending is projected to be lower in 2011 due to wage cuts in the public sector and reduced welfare benefits. By 2012 up to 2015, economic growth is again expected to pick up as the condition of the labor market improves and credit conditions ease. Export growth is predicted to slow down in 2011, although it is still expected to outpace import growth.