GDP: Real GDP is expected to grow by 1.4% in 2013. Real private final consumption will remain major driver of economic growth, though its growth will significantly decelerate. In 2014 increase in external demand and improved consumer demand will support real GDP growth at 3.9%. The most important assumption of the forecast is successful negotiations with the IMF resulting in new IMF Program.
Disposable Income and Unemployment: Real disposable income growth is forecasted to decelerate in 2013 and 2014 partially due to lower increases in minimum wages and minimum pensions.
