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ČSÚ: Production of means of transport supports GDP growth

Gross domestic product (GDP) adjusted for pricing and seasonal influences grew 3.9% y/y in Q1 2015, according to preliminary estimations. GDP increased by 2.8% in comparison to Q4 2014. This stems from the data from the Czech Statistical Office (ČSÚ). Continuing growth in virtually all sectors of the manufacturing industry had a key effect on all sectors of the manufacturing industry, primarily the production of means of transport and machinery and equipment.