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Czech Republic: Recession Continues

Published: December 7, 2012; 14:13 · (Vindobona)

In Q3 2012, the gross domestic product adjusted for price, seasonal, and calendar effects decreased according to the refined estimate by 1.3%, year-on-year (y-o-y), and by 0.3%, quarter-on-quarter (q-o-q).

Czech Republic: Recession Continues / Picture: © Flickr

In Q3 2012, according to the refined estimate, the gross domestic product (GDP) adjusted for price effects and seasonally adjusted*/ decreased by 1.3%, y-o-y (preliminary estimate from 15 November forecasted drop by 1.5%) and compared to Q2 2012 by 0.3% (the forecast was 0.3%). In total for the first three…

This article includes a total of 610 words.

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