28/11/2025 17:48
The
Czech economy grew by 0.8% qoq in 3Q25. This represents a slight upward revision from
the already strong growth of 0.7% qoq in the advance GDP estimate. Compared to
initial expectations, the 3Q results thus remain a significant positive
surprise. Prior to the publication of the advance GDP estimate, market
consensus was for growth of 0.3% qoq, whereas we expected economic stagnation.
Similarly, the CNB forecast only a slight increase of 0.2% qoq. In yoy terms,
the economy accelerated from 2.6% growth in 2Q to 2.8% in 3Q.