Last year, the Czech economy fell 5.6 percent
Last year, gross domestic product (GDP) in the Czech Republic fell by 5.6 percent; this is the biggest economic downturn ever since the creation of the independent Czech Republic (1993), the Czech Statistical Office (CSÚ) said in Prague on Tuesday.
Over the past six years, GDP has grown steadily. In the last quarter of last year, the year-on-year decline was 5 percent, while quarter-on-quarter growth was already 0.3 percent.
Before last year, in 2019, the Czech economy grew by 2.2 percent. (MTI)
Related news
The destruction of wildlife can have serious economic consequences
The need to protect the living world is extremely important,…
Read more >
GKI: Road to “economic neutrality”: Declining West?
The global economic and geopolitical analyzes of recent years are…
Read more >
Márton Nagy: sixteen-point deregulation package for the development of tourism
The Ministry of National Economy jointly with the Hungarian Tourism…
Read more >
More related news >
Related news
It is worth choosing domestic poultry for St. Martin’s Day
This year too, goose steak cannot be missing from the…
Read more >
Before St. Martin’s Day: can we expect an increase in prices for geese and ducks?
On November 11, St. Martin’s Day, it is customary to…
Read more >
Extraordinary consumer protection inspections are being launched at food courier companies
The Ministry of National Economy, which is responsible for consumer…
Read more >
