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February year-on-year growth figures show resilience of Czech economy, says analyst |
Prag, 10.04.2019 |
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February saw Czech industrial production experience a year-on-year growth of 1.5 percent, according to the latest Czech Statistics Office report released on Monday. The growth was mainly the result of energy production. The automobile manufacturing sector experienced a decline, but improved compared to previous months.
Economists have been warning for several months that the days of high growth are over and that, while the Czech economy is expected to continue growing in 2019, the rate is likely to be lower.
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