Czech GDP Was Down by 1.1% in 2012

BusinessEconomy ♦ Published: February 14, 2013; 13:36 ♦ (Vindobona)

In the Q4 2012 the gross domestic product adjusted for price, seasonal, and calendar effects decreased by 1.7%, year-on-year, and by 0.2%, quarter-on-quarter, according to the preliminary estimate.

Czech GDP Was Down by 1.1% in 2012 / Picture: © Vindobona.org

In the total for 2012, the GDP was by 1.1% lower than in 2011; the y-o-y decrease was gradually deepening during the year.

In the Q4 2012 the gross domestic product (GDP) adjusted for price effects and seasonally adjusted*/ decreased by 1.7%, y-o-y, and by 0.2%, q-o-q, according to the…