Czechia Q1 GDP Growth at 8-Quarter Low

2026-04-30 07:15 By Mariene Camarillo 1 min. read

The Czech Republic’s gross domestic product grew by 0.2% quarter-on-quarter in Q1 2026, easing from a 0.7% expansion in the previous quarter and falling below market expectations of 0.5%, according to preliminary estimates.

This marked the slowest growth since Q1 2024 and was largely driven by a weaker foreign trade balance, while growth was supported by strong gross capital formation.

On a yearly basis, GDP rose by 2.1% in the first quarter of 2026, moderating from a 2.7% increase in the preceding quarter.

The annual expansion was underpinned by higher household consumption, particularly in final consumption expenditure, as well as gross fixed capital formation.

Value-added gains were led by activities in trade, transportation, accommodation, catering, and industry.



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