Czech Republic Crawls Out of the Recession

Business › Economy ♦ 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: © Vindobona.org

“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,…

or Log In

Fast News Search
Related News
Czech Republic: Consumer Loans Weaken (November 1, 2013)
Slovak Banking Industry Records Growing Net Income (November 1, 2013)
Czech Unemployment Stable (November 1, 2013)
“Property Tax Cannot Finance Wage Tax Cut” (October 31, 2013)
CESEE: Poland is Most Business-Friendly (October 29, 2013)
Read More
Czech Republic, Economic Growth, Consumption, Investments, Inflation, GDP Gross Domestic Product, Exports, Fiscal Policy, Employment
Featured
See latest Vindobona Newsletter