Economic growth remained buoyant in 2017. GDP grew by 1.2% (q-o-q) in the third quarter and by an estimated 4.6% in 2017 as a whole. Private consumption was the main growth driver. Having risen in the second half of the year, investment activity partly rebounded from the decline in 2016.

Indicators 2016 2017 2018 2019
GDP growth (%, yoy) 2,9 4,6 4,2 3,6
Inflation (%, yoy) -0,2 1,6 2,1 2,6

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