Financial News: Czechia GDP Growth Eases As Estimated In Q1

Czechia GDP Growth Eases As Estimated In Q1

05/29/2026 - 08:40:00 (RTTNews)

(RTTNews) - The Czech Republic's economy grew at a slower pace in the first quarter, as initially estimated, the latest data from the statistical office showed on Friday.

Gross domestic product rose 0.2 percent sequentially, though slower than the 0.7 percent expansion in the fourth quarter. That was in line with the flash data published on April 30. The economy has been expanding since the fourth quarter of 2023.

The expenditure breakdown showed that household consumption rose 0.6 percent, while general government consumption decreased by 0.3 per cent. Gross fixed capital formation, or investments, was 2.0 percent higher. Net foreign demand was not favorable as exports grew 3.8 percent amid a 5.8 percent increase in imports.

On a yearly basis, GDP growth moderated to 2.2 percent in the first quarter from 2.7 percent in the previous quarter. In the flash report, the rate of expansion was 2.1 percent.

The annual growth was mainly supported by higher final consumption expenditure of households and by gross fixed capital formation.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Norges Bank Signals Rate Hike Ahead (03 hr(s), 15 min(s), 19 sec(s) ago)
(RTTNews) - Norway's central bank left its key interest rate unchanged on Thursday but hinted ...Full Story»

Treasury Reveals Details Of Two-Year, Five-Year & Seven-Year Note Auctions (05 hr(s), 32 min(s), 19 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions ...Full Story»

U.S. Leading Economic Index Edges Higher For Second Straight Month In May (06 hr(s), 38 min(s), 19 sec(s) ago)
(RTTNews) - A report released by the Conference Board on Thursday showed its reading on leading U. ...Full Story»

Philly Fed Index Jumps Back Into Positive Territory In June (06 hr(s), 59 min(s), 19 sec(s) ago)
(RTTNews) - Philadelphia-area manufacturing activity expanded overall in the month of June, accord ...Full Story»

Bank Of England Keeps Rate Unchanged As Expected (07 hr(s), 10 min(s), 19 sec(s) ago)
(RTTNews) - The Bank of England left its key interest rate unchanged on Thursday as inflation slow ...Full Story»

U.S. Weekly Jobless Claims Pull Back Off Four-Month High (07 hr(s), 20 min(s), 19 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed a modest pullback in firs ...Full Story»

Philly Fed Index Rebounds Roughly In Line With Estimates In June (08 hr(s), 21 min(s), 19 sec(s) ago)
(RTTNews) - Philadelphia-area manufacturing activity expanded overall in the month of June, accord ...Full Story»

U.S. Initial Jobless Claims Dip Roughly In Line With Estimates (08 hr(s), 25 min(s), 19 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed a modest pullback in firs ...Full Story»