Car plants get centre-staged

The Slovak economy will reach a solid growth rate of 3.2 per cent this year, despite the worsening outlook of the external environment. The structure of growth will be more balanced than in the previous year, when domestic demand and public investment predominated. The acceleration of growth of real wages together with strong job creation will support the private consumption. By the end of the medium-term horizon the economic growth will accelerate towards 4.6 per cent thanks to new production capacities in the automotive industry. New macroeconomic forecast has a positive impact on the tax bases throughout the forecast horizon.