Support Ukraine Here -> Freedom Boxes

Czech Dec industry plunges, economy may have shrunk

Share on facebook
Share on twitter
Share on linkedin
Share on email

Table of Contents

Industrial output in the Czech Republic plunged for a third straight month in December and the statistics office said it indicated the economy may have already contracted in the last three months of 2008. Analysts, expecting an 11% fall, said the eroding picture would give more ammunition for the central bank to continue slashing interest rates and could strengthen calls for the government to provide fiscal stimulus.

most viewed

Subscribe Now