Czech economy in technical recession: Q4 2022 data

PRAGUE, March 31 (Xinhua) -- The gross domestic product (GDP) of the Czech Republic fell by 0.4 percent quarter-on-quarter in the fourth quarter of 2022, according to data published by the Czech Statistical Office (CSU) on Friday.

As this is the second quarter in a row that the country has seen negative growth, it now fits the technical definition of a recession.