Czech Republic: Economy contracts further in Q3 according to preliminary data

In the third quarter, GDP decreased a seasonally and calendar-adjusted 1.6% over the same quarter last year, according to the preliminary data released by the Czech Statistical Office. The reading represents a deterioration compared to the 1.3% contraction recorded in Q2 and marks the seventh consecutive period of decline in output. More complete and detailed data will be released on 4 December.

Read more about Czech GDP.

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