Czech cbank says Q2 GDP 0.2 pts below fcast

07.09.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, Sept 7 (Reuters) - Second quarter GDP growth in the Czech Republic was 0.2 percentage points below the central bank's (CNB) July...

...forecast, the CNB said on Friday.

The CNB added in a statement that quarter-on-quarter growth of 1.4 percent was one percentage point lower than it had expected, though continued growth in domestic demand met its expectations.

Earlier on Friday, the Czech Statistical Bureau (CSU) said the economy slowed slightly in the second quarter but still grew by a healthy 6 percent. Household demand dipped to 6.5 percent from a 7.2 percent rise in the first quarter, but still was the second highest quarterly number in three years.

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