The Czech Republic had the fifth fastest growing economy within the EU in
the first quarter of 2018, according to preliminary data released by the
Czech Statistics Office on Thursday. Internal consumption and investments
were among the main factors behind the strong growth figures.
The Czech economy, which slowed from 5.5 to 4.4 percent over the last
quarter, was outpaced by Latvia, Poland, Slovenia and Hungary. The head of
the Czech Statistics Office, Marek Rojíček, noted that the available
figures don’t include data about the Irish economy, which also belongs
among the fastest growing in Europe.