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Czech Republic Crawls Out of the Recession

Published: November 4, 2013; 20:07 · (Vindobona)

The recession in the Czech Republic comes to an end. Fixed investments are still the main weak point.

Czech Republic Crawls Out of the Recession / Picture: © Flickr

“Real GDP, which showed a surprisingly marked QoQ decline of 1.3% in Q1 2013, increased by 0.6% QoQ in Q2 2013. The economy technically emerged from the 18-month recession; however, GDP was 1.3% lower than in Q2 2012. Despite the expected economic recovery, economic output for the whole year should decrease by 1.0%, in particular due to a decline in gross capital formation. In 2014,…

This article includes a total of 347 words.

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