Czech cbank says Q1 GDP above fcast on consumption

08.06.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, June 8 (Reuters) - The Czech Republic's 6.1 percent economic growth in the first quarter was 0.3 percentage points faster than the...

...central bank (CNB) had forecast, the bank said on Friday.

It said the deviation was due to faster-than-forecast household consumption, while fixed capital investments were slower.

The bank also said May inflation of 2.4 percent year-on-year, also reported on Friday, was half a percentage point above the bank's April quarterly forecast, mainly due to higher fuel prices.

State-regulated prices, food and other items also grew slightly above expectations, it said.

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Články ze sekce: Zpravodajství ČTK