Consumption in Czech Republic

Czech Republic Consumption | Economic News & Forecasts

Czech Republic - Consumption

Economy expands at softer pace in Q2

The economy expanded 3.6% in seasonally-adjusted year-on-year terms in Q2, following Q1’s 4.9% increase. The war in Ukraine weighed on the economy, affecting supply chains, energy prices and the economic outlook. Meanwhile, output increased 0.2% on a seasonally-adjusted quarter-on-quarter basis in Q2, following the 0.9% rise recorded in Q4.

Household and capital spending made positive contributions to year-on-year growth in Q2, while domestic demand supported the quarter-on-quarter expansion. A detailed breakdown is scheduled to be released on 30 August.

FocusEconomics analysts see GDP expanding 4.6% in 2022, which is down 0.1 percentage points from last month’s forecast, and 3.6% in 2023.

Czech Republic - Consumption Data

2015   2016   2017   2018   2019  
Consumption (annual variation in %)3.8  3.5  4.4  3.1  3.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Czech Republic Facts

Value Change Date
Bond Yield1.64-1.85 %Dec 31
Exchange Rate22.76-0.66 %Dec 30

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form