Country focus Czech Republic
Vasko, Miroslav
Country focus Czech Republic - 2008 - Building 273 (8554) 14 November 2008, 66-68 (3) .
Shows that the credit crunch did not really have a strong impact on the Czech economy up to now. Suggests a slight slowdown of GDP growth this year, from 6.6% to 4.4%. Inflation is increasing and unemployment rate is at 4.7%, the lowest since mid-nineties. Reports that house prices have increased. Present details of property market. Explains that the construction market had a steady growth for the past 15 years, except between 1997 and 1999. Construction costs increased by 4.6% in 2007. Tables of the Czech economy at glance, the construction industry, and construction costs.
Czech Republic
Country focus Czech Republic - 2008 - Building 273 (8554) 14 November 2008, 66-68 (3) .
Shows that the credit crunch did not really have a strong impact on the Czech economy up to now. Suggests a slight slowdown of GDP growth this year, from 6.6% to 4.4%. Inflation is increasing and unemployment rate is at 4.7%, the lowest since mid-nineties. Reports that house prices have increased. Present details of property market. Explains that the construction market had a steady growth for the past 15 years, except between 1997 and 1999. Construction costs increased by 4.6% in 2007. Tables of the Czech economy at glance, the construction industry, and construction costs.
Czech Republic