Ministry of Economy announces this year's forecasts

The unemployment rate will stand at 10.3 percent at the end of 2015, according to forecasts by the Ministry of the Economy. The ministry also expects that deflation will stand at 0.2 percent in 2015. The government assumes that  inflation will total 1.7 percent y/y in 2016. Industrial output is believed to grow to 4 percent y/y the GDP will amount to 3.6 percent y/y this year, the ministry also said.