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EURUSD 1.1419 USDJPY 112.86 USDCAD 1.3148 EURCZK 25.975 USDCZK 22.736 EURPLN 4.3117 USDPLN 3.7737
EURUSD 1.1419 USDJPY 112.86 USDCAD 1.3148 EURCZK 25.975 USDCZK 22.736 EURPLN 4.3117 USDPLN 3.7737

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Learn the basics of financial markets

The GDP data is closely followed by the financial markets, as it reflects the overall conditions of the whole Czech economy

Country:CZ
Impact:high
Current value:0
Last value:1.8
Change: 1.8 Loss
Minimum value: -3.4 (1st quarter of 2009)
Maximum value: 2.3 (1st quarter of 2007)
Gross Domestic Product (GDP)

Rule of thumb

The Czech GDP is driven mainly by export sales (close vicinity to Germany), international investments and internal demand

Gross Domestic Product (GDP) is the popular indicator for the overall performance of the Czech Republic economy. The purpose of the GDP is to measure the end-values of final products and goods and services produced within a country. It is frequently used for comparison of living standards, or monitoring the process of convergence across the European union.

 

High GDP dynamics is considered as a long-term positive sign of increased economic health, and it is positive for the Czech koruna. On the other hand, an excessive economy growth may lead to increased inflationary pressure and lower real interest rates, which may undermine the interest in the Czech currency.

 

Periodicity of publication

Eurostat publishes the first release of national accounts (GDP) for a quarter on the first days of the following quarter.

Pola oznaczone gwiazdką są wymagane.

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