Czech economic pace slows to 5.4 per cent in first quarter

Business News

May 15, 2008, 12:12 GMT

Prague - The Czech economy slowed down in the first quarter of 2008 to show 5.4 per cent year-on-year growth compared to 6.6 per cent in the previous quarter, according to preliminary government data released Thursday. The first-quarter growth was driven by increased employment and productivity, the Czech Statistical Office said in a statement. The Czech Republic's economy has boomed in recent years amid investments by foreign automotive and electronics makers. But analysts and international organizations expect the Czech Republic's gross domestic product to fall from the record 6.5-per- cent levels of recent years to below 5 per cent in 2008.

View blog reactions

Latest Headlines in Business

Talkback

There are currently no comments for this article. Be the first to comment! (no registration required)

Business: Index

: News; Features; Currency Conversion

News Home
USA
Middle East
South Asia
Business

UK
Asia-Pacific
Europe
Africa
Americas
Health

Advertising

In Monsters and Critics

: Arts; Books; DVD; Gaming; Lifestyle; Movies; Music; News; People; Science & Nature; Sport; TV; Archives
Other Languages and Sites: Deutschland (Monsters and Critics); The Tech Herald

Entertainment: Arts; Books; DVD; Gaming; Movies; Music; People; Soundtracks; TV
Media: Celebrity Photos; Movie Stills; Movie Trailers; Movie Posters; Theatre Stills; Celebrity Video; Music Video
Released this week: Movies - USA; Movies - UK; DVD - USA
Distractions: Flash Games; Daily Crossword; Sudoku Classic; Daily Jigsaw

World News: US; UK; Americas; Europe; Middle East; Asia Pacific; South Asia; Africa; Business; Education; Health
Science and Tech: Science and Nature; Technology
Lifestyle: Autos; Horoscope; Life; Travel

Corporate

: About; Advertise; Contact; The Team; Vacancies; Privacy; RSS; Site Map; Terms; Webmasters

The Fine Print

© 2003 - 2008 by Monsters and Critics.com, WotR Ltd. All Rights Reserved. All photos are copyright their respective owners and are used under license or with permission. * Note M&C cannot be held responsible for the content on other Web Sites.

Servers supplied by Servint

Business