Czech economy sharply declines in second quarter

CZ

Czech Republic / CZ 6 Views 0

Prague Day by day Monitor

The Czech financial system doubtless reached a document decline within the second quarter however is already recovering, Lidovky.cz reported. Economists estimate that the financial system declined between 9.7% and 18% in comparison to final yr. A ultimate conclusion concerning the decline of economic activity in Q2 might be revealed by the Czech Statistical Workplace on July 31. Business, as well as sectors intently associated with tourism have contributed most importantly to the sharp decline in progress.

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