Analysts say GDP trends point to 2.5% growth in 2025

Analysts say developments in gross domestic product confirm that the Czech economy is heading towards growth of around 2.5% in 2025, up from about 1% the year before. According to revised data from the Czech Statistical Office, GDP rose by 2.8% year on year and 0.8% quarter on quarter in the third quarter. Economist Radomír Jáč of Generali Investments CEE said household consumption, inventories and government spending should be the main growth drivers next year. Analysts from Banka Creditas and Komerční banka added that business investment remains cautious, while elevated household savings continue to dampen inflationary pressures.