The Czech economy grew by 0.6% qoq in 4Q25, based on the second GDP reading. As in the previous five quarters, GDP growth was revised upwards from the advance estimate of 0.5% qoq in 4Q25. In yoy terms, economic growth slowed from 2.8% in 3Q to 2.6% in 4Q. While the actual GDP growth was weaker than our forecast of +0.8% qoq, its structure broadly corresponded to our expectations.