Czech economy growing faster than predicted

The Czech economy is growing faster than expected, the Ministry of Finance revealed on Tuesday. The ministry originally estimated that the economy would grow by 5.3 percent this year, but has now modified this figure to 5.8 percent instead. In March, the Czech National Bank predicted that this year's GDP would be up by something between 4.9 and 6.5 percent. It is set to unveil its new predictions, along with a rise in interest rates, on Thursday.