K. Havlíček: IndustryMin anticipated stronger slowdown

16. 5. 2019

The Ministry of Industry and Trade expected a more pronounced slowdown in economic growth.

(ČIA) The Ministry of Industry and Trade expected a more pronounced slowdown in economic growth. This was stated by the Minister of Industry and Trade Karel Havlíček (for ANO) in response to the Czech Republic's Q1 2019 fiscal results. Compared to year-on-year growth in 4Q 2018, it slowed by 0.1 pp. K. Havlíček added that the moderate slowdown in growth was caused by the high comparative base from 2018, when the economy's performance increased by 4.2%.