FOREX TradingCharts.com

Financial News: Czech Q2 GDP Growth Slows Less Than Estimated

Czech Q2 GDP Growth Slows Less Than Estimated

08/30/2022 - 05:36:00 (RTTNews)

(RTTNews) - The Czech Republic's economic growth eased less than initially estimated in the three months ended June, latest figures from the statistical office showed Tuesday.

Gross domestic product advanced 3.7 percent year-over-year in the second quarter, slower than the previous quarter's revised 4.6 percent rise.

The second quarter figure was revised up slightly from the 3.6 percent growth reported initially on July 29.

The overall expansion in the second quarter was primarily driven by gross capital formation and final consumption expenditure by the general government, the statistical office said.

Gross fixed capital formation grew 6.2 percent from last year, due to more investments in other buildings and structures, transport equipment, and machinery and equipment. Final government consumption logged an increase of 0.2 percent.

However, external demand had a negative contribution in the second quarter.

On a quarterly basis, GDP expanded 0.5 percent in the June quarter, following a revised 0.6 percent growth in the March quarter. The latest figure was revised up from 0.2 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Ireland Jobless Rate Remains Stable In September (06 hr(s), 12 min(s), 51 sec(s) ago)
(RTTNews) - Ireland's unemployment rate held steady in September, after rising slightly in the ...Full Story»

Brazil Industrial Production Falls As Expected (06 hr(s), 29 min(s), 51 sec(s) ago)
(RTTNews) - Brazil's industrial production declined as expected in August after rebounding in ...Full Story»

U.S. Services Index Indicates Slightly Slower Growth In September (06 hr(s), 35 min(s), 51 sec(s) ago)
(RTTNews) - The Institute for Supply Management released a report on Wednesday showing a modest sl ...Full Story»

U.S. Trade Deficit Narrows To Smallest In Over A Year In August (06 hr(s), 49 min(s), 51 sec(s) ago)
(RTTNews) - With the value of imports showing a notable decrease, the Commerce Department released ...Full Story»

Philippines Inflation Highest In 4 Years (06 hr(s), 51 min(s), 51 sec(s) ago)
(RTTNews) - The Philippines' inflation increased to the highest level in four years, mainly le ...Full Story»

U.S. Private Sector Job Growth Slightly Exceeds Estimates In September (06 hr(s), 55 min(s), 51 sec(s) ago)
(RTTNews) - Private sector employment in the U.S. increased by slightly more than expected in the ...Full Story»

Brazil Services Growth At 16-Month Low (06 hr(s), 59 min(s), 51 sec(s) ago)
(RTTNews) - Brazil's service sector activity expanded at the weakest pace in the current 16-mo ...Full Story»

UK Car Registrations Rise For Second Month: SMMT (07 hr(s), 37 min(s), 51 sec(s) ago)
(RTTNews) - UK car registrations increased for the second straight month in September, data from t ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Ireland Jobless Rate Remains Stable In September

10/05/2022 - 10:58 AM (RTTNews)
(RTTNews) - Ireland's unemployment rate held steady in September, after rising slightly in the ...Full Story>>

Brazil Industrial Production Falls As Expected

10/05/2022 - 10:41 AM (RTTNews)
(RTTNews) - Brazil's industrial production declined as expected in August after rebounding in ...Full Story>>

U.S. Services Index Indicates Slightly Slower Growth In September

10/05/2022 - 10:35 AM (RTTNews)
(RTTNews) - The Institute for Supply Management released a report on Wednesday showing a modest sl ...Full Story>>

U.S. Trade Deficit Narrows To Smallest In Over A Year In August

10/05/2022 - 10:21 AM (RTTNews)
(RTTNews) - With the value of imports showing a notable decrease, the Commerce Department released ...Full Story>>

Philippines Inflation Highest In 4 Years

10/05/2022 - 10:19 AM (RTTNews)
(RTTNews) - The Philippines' inflation increased to the highest level in four years, mainly le ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.