GDP: The Institute is likely to revise upwards the estimates of consumption and external trade growth. At the same time, forecast of real GDP growth might remain at 4.5% in 2011 and 5.3% in 2012 in May.
Fiscal Indicators: Estimates of fiscal revenues and expenditures will be upgraded in August to take into account positive trends in the first half of 2011. At the same time, consolidated fiscal deficit is further expected at near 3% of GDP.