Czech first quarter growth raised to 3.0 percent

Czech economic growth in the first quarter of the year has been revised upwards to an annual 3.0 percent, an increase of 0.10 basis points from the earlier estimate of the Czech Statistical Office at the start of June. The quarter on quarter growth figure was also upped to 1.5 percent from 1.3 percent. Strong domestic growth and export demand helped fuel the first quarter growth figure.

Author: Jan Velinger