Czech Republic: GDP Decreasing by 2.1%

Business › Economy ♦ Published: March 11, 2013; 10:40 ♦ (Vindobona)

The gross domestic product adjusted for price, seasonal, and calendar effects decreased according to the refined estimate by 1.2% compared to 2011; the decrease was gradually deepening during the year.

Czech Republic: GDP Decreasing by 2.1% / Picture: © Vindobona.org

In 2012, according to the refined estimate, the gross domestic product (GDP) adjusted for price effects and seasonally adjusted decreased by 1.2%. The preliminary estimate for the Q4 published on 14 February (drop by 1.7%, y-o-y, and 0.2% compared to the Q3) remained unchanged.

Gross domestic product, constant prices, y-o-y and q-o-q changes in 2012…

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