Czech economy grows slightly in second quarter

The Czech economy grew by 0.4 percent year-on-year in the second quarter of 2024, according to a preliminary estimate issued by the Czech Statistics Office on Tuesday. Analysts had expected lower growth in that period, the Czech News Agency reported.

The growth was mainly supported by household final consumption expenditure, an expert from the Czech Statistics Office said.

Quarter to quarter growth was 0.3 percent in the same period.