The Czech Republic's economic growth moderated less than initially estimated in the second quarter, the latest data from the statistical office showed on Friday.
Gross domestic product advanced 0.5 percent sequentially, following a revised 0.7 percent rise in the first quarter. In the flash estimate, the rate of expansion was 0.2 percent.
The quarterly development of GDP was positively influenced by a rise in final consumption expenditures and a change in inventories.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.