This time about the strong growth in Czech GDP at the end of last year, which was accompanied by solid wage growth, stronger than expected. On the other hand, the economy is suffering from weaker productivity, which is to some extent maintaining the inflationary environment. The most important question remains how global pressures, particularly the conflict in the Middle East, will affect the economy. As always, all the important data were summarised by the CBA's chief economist Jaromír Šindel.