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Czech Republic GDP Q2 2023

Czech Republic: Economy expands in Q1

The economy expanded 0.1% in seasonally adjusted quarter-on-quarter terms in Q2, following Q1’s flat reading. Meanwhile, output decreased 0.6% on a seasonally adjusted year-on-year basis in Q2, following from the 0.5% contraction recorded in Q1.

According to a press release, domestic demand supported quarter-on-quarter growth.

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