Czech economy grows 0.9 percent in Q2

The Czech economy grew by a seasonally-adjusted 0.9 percent between the first and second quarter of 2010, confirming a recovery after the country was hit by the global downturn, revised official data showed Wednesday. Year-on-year, Czech GDP grew by an adjusted 2.4 percent in the second quarter on a pick-up in the manufacturing industry, according to figures released by the Czech Statistical Office. Statisticians revised both figures up from an August estimate which reckoned on 0.8 percent quarterly growth and 2.2 percent annual growth.