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Czech News in English » Business » ČSÚ: Czech Republic's GDP increases by 2.0% in 2014

ČSÚ: Czech Republic’s GDP increases by 2.0% in 2014

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The gross domestic product of the Czech Republic adjusted from seasonal and price influences increased by 1.4% y/y in the fourth quarter of 2014. It increased by 0.4% q/q. Compared with the previous estimation, the analysis used new data from the segment of government and specified information about taxes on products. The estimation of the growth in the Czech economy for the year 2014 remained at the level of 2.0%, according to information provided by the Czech Statistical Office (ČSÚ).


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