Gross domestic product development

Last quarter's value

Gross domestic product development

CBA Commentary
Quarter-on-quarter GDP growth of 0.75% in Q1-2025 is above its long-run average growth of 0.52% from 1998-2019 and below the average growth of 0.93% from the pre-Five Year period of 2015-2019.
Source of primary data
CZSO
Note
Data adjusted for working day differences and seasonal effects.
Category
Economics
Data frequency
Quarterly
Comments
Three highlights in the weaker GDP growth of half a percent
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
Worse April sentiment does not bring immediate relief for the CNB
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
Stronger GDP growth in Q1 does not bring a disinflationary break
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
Highest unemployment in eight years does not dampen hawkish core inflation due to solid economic growth
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
May confidence in the economy: despite all the setbacks, we're moving on
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
Real wage growth slightly below 4% in Q1, driven by non-market sector
Economic commentary by Jaromir Šindel, Chief Economist of the CBA