PragueConnect.cz - Economy

PragueConnect.cz is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on PragueConnect.cz!

Analysts: GDP development lagged behind expectations

Czech Republic’s gross domestic product, adjusted for pricing and seasonal factors, grew 2.3% y/y and 0.3% q/q in Q3 2014, according to preliminary estimations made by the Czech Statistical Office (ČSÚ). The results were influenced positively primarily by manufacturing industry. According to some analysts, the initial estimation lags behind expectations. GE Money Bank’s analyst Filip Fyrbach says that this may be due to the weaker result of the foreign trade or the creation of reserves.

Source: www.cianews.cz

 
 
 
 

We Ensure your business gets seen - Use the power of video advertising! 

With a total of over 500,000-page visits per month and over 160,000 followers on social media channels, Amadeus Media Group is the leading international media service in Prague, Czech Republic. If you are interested to take the next step with your company and you are ready for new clients, visit www.amadeusmedia.cz or download amadeusmedia.cz/MediaKit

Exchange rates