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Economic Recovery in CESEE Supported by Exports

Published: December 5, 2013; 18:07 · (Vindobona)

According to the GDP data for some Central and South Eastern European countries published today, economic recovery was backed by a strong increase in export activity.

Economic Recovery in CESEE Supported by Exports / Picture: © Flickr

Moreover, according to the data for Hungary and Romania, both countries saw a recovery in agricultural production which supported GDP growth as well.

Recession in the Czech Republic was smaller than estimated. GDP fell by 0.1% quarter-on-quarter ( q/q) and by 1.3% year-on-year (y/y). The Hungarian q/q and y/y growth figures were both revised up by 0.1%-pt to 0.9% and 1.8%…

This article includes a total of 214 words.

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