The Czech Republic should see GDP growth of 2.7 percent in 2015, according to recent figures, but this expansion could slow to 2.5 percent in 2016. Meanwhile, low oil prices are expected to keep inflation down to a 12-month average of 0.3 percent. Wage growth could rise to around 4 percent for the next two years, while public debt is expected to reach roughly 2 percent of GDP, although the level of relative debt of the government sector could fall to 41.3 percent of GDP.
