Czech Republic Q2 GDP Misses Forecasts
2025-07-30 07:15
By
Czyrill Jean Coloma
1 min. read
The Czech Republic's gross domestic product (GDP) grew by 0.2% quarter-on-quarter in the second quarter of 2025, missing market expectations of a 0.4% gain and slowing from a 0.7% expansion recorded in the previous quarter, according to preliminary estimates.
This marked the weakest quarterly growth since Q1 2024, with the slowdown largely attributed to a negative contribution from the foreign trade balance.
On a more positive note, household final consumption continued to increase, marking its fourth consecutive quarter of growth.
On a yearly basis, the Czech economy expanded by 2.4% in Q2 2025, matching the pace seen in the preceding quarter.
The annual growth was driven primarily by strong domestic demand, particularly household consumption and gross capital formation.