Deeper Downturn In Q209

November 2009
Emerging Europe Monitor: Central Europe & Baltic States;Nov2009, Vol. 16 Issue 11, p1
Country Report
The article reports on the economic condition of Czech Republic which is forecasted to continue to decline in the second quarter of 2009. Such decline is evidenced by the continued contraction of the country's gross domestic product (GDP) and the impact of economic downturn. Moreover, the gross value added definition of aggregate spending contributes further in the deterioration of the economy. A detailed breakdown of GDP into expenditure components in 2009 is discussed.


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