The Czech Republic's economy expanded at a slower pace in the first quarter, as expected, the flash data from the statistical office showed on Wednesday.
Gross domestic product advanced 0.5 percent sequentially, slower than the 0.7 percent expansion in the fourth quarter. The economy has been expanding since the fourth quarter of 2023.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.