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GDP growth in 2019 to reach 7.15%

by VTV426 November 2019 Last updated at 13:00 PM

VTV.vn - For the whole year of 2019, GDP growth is forecast to reach 7.15% and the average consumer price index will be 3.1%.

This prediction was released by the National Center for Socio-Economic Information and Forecast.

In the last months of 2019, domestic macroeconomic stability continues to be maintained and the CPI is under control and expected to continue at a lower level than the set target. Monetary policy is used flexibly to support growth when inflation is low. With the current favorable conditions, interest rates may be reduced slightly, contributing to reducing capital costs, supporting businesses to expand production to meet year-end orders. In the manufacturing sector, the foreign direct investment (FDI) sector is expected to grow for the fourth consecutive year and act as the main growth engine. The trade balance will continue to have a surplus in 2019.

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