Czech economy grows by 1.6 percent in third quarter

The Czech economy grew by 1.6 percent year-on-year in the third quarter of 2026, according to a preliminary estimate released by the Czech Statistical Office on Friday. Growth slowed from 1.8 percent in the previous quarter, marking the weakest annual increase since the third quarter of 2024. Compared with the second quarter, gross domestic product rose by 0.5 percent. The Statistical Office said economic growth was supported by higher consumer spending, investment and stronger foreign demand, while changes in inventories had a negative impact.