Economics

Eastern Europe’s Export-Led Recovery Is Fueled by German Surge

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East European economies strengthened from a year earlier in the second quarter on increasing demand for their cars and electronic goods in western Europe.

The Czech Republic, the largest eastern economy to report gross domestic product today, posted 2.2 percent annual growth compared with 1.1 percent in the previous period. Hungary’s GDP expanded 1 percent, after a 0.1 percent increase in the first quarter. Euro-member Slovakia had the fastest growth in the region at 4.6 percent, slowing from 4.8 percent.