Revised figures confirm Czech Republic’s longest recession over

Revised figures confirm that the Czech Republic’s longest ever recession has come to an end. The second quarter of this year saw growth of 0.6 percent in gross domestic product, the Czech Statistics Office said on Tuesday, revising a previous estimate downwards by 0.1 percent. The country’s economy had contracted for the previous six quarters in a row, the longest such downturn on record. The growth has been driven by exports.

Author: Ian Willoughby