Private consumption, supported by real wage growth, will be the main engine of growth, especially in 2025, the OECD said.
It sees private consumption growing 5.4% in 2025. Investments are set to fall by 3% in 2025, then grow by 5.4% in 2026, according to the forecast.
CPI is seen rising to 4.9% in 2025, before falling to 3.6% in 2026. The forecast puts the general government deficit, relative to GDP, at 4.2% in 2025 and 4% in 2026.
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