Economic growth decelerates in second quarter

Czech economic growth slowed to 2.3 percent in the second quarter of this year from 4.2 percent in the first quarter, according to an official preliminary gross domestic product estimate issued on Tuesday. Analysts had expected slightly faster expansion in the April to August period.

Czech GDP growth for the whole of 2018 should reach around 3 percent, according to experts. They say that the economy is currently performing at close to its maximum potential.