Czech Republic 1.Q: GDP up 4.6% year on year, 0.7% quarter on quarter
In the first quarter of 2022, the gross domestic product (GDP),
adjusted for price influences and the season, was 0.7% higher in
quarter-on-quarter terms, according to preliminary estimates.
Compared to the first quarter of 2021, it was 4.6% higher.
Expenditures for household final consumption and the creation of
gross capital contributed positively to the year-on-year increase. On
the other hand, foreign demand continued to have a negative effect.
In terms of the segment structure, growth was driven the most by
the construction sector and by a group of segments consisting of
commerce, transportation, accommodation and hospitality.
Employment increased by 1.2%.
Zpracoval kolektiv pracovníků zahraniční kanceláře CzechTrade Bengalúru.