Revised estimate puts first quarter growth at 4.0 percent

30-06-2015

The Czech economy grew by 4.0 percent year on year in the first quarter of 2015, according to a revised estimate released on Tuesday by the Czech Statistics Office. A previous estimate issued at the end of May put the expansion of gross domestic product in the period at 4.2 percent. The estimate of quarter-on-quarter growth was also revised downwards, from 3.1 percent to 2.5 percent.