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

 
 
 
 
Sign up for Prague’s hottest newsletters to stay up to date and know what’s going on in town! Prague Daily Monitor: Prague’s # 1 source for Czech news in English… delivered straight to your inbox daily. Sign up for free nowPrague.TV – Living Like a Local: 2x a week, our newsletter keeps you up to date with the HOTTEST and BEST news for Prague's Expats and English Language community. Exclusive price draws & Special partner offers for registered members. Sign up for free now!

 

Exchange rates
Upcoming Events