Czech GDP Growth Accelerates to Fastest in 9 Quarters

The Czech economy grew at the fastest pace in nine quarters in the three months through September on rising household spending, investment and restocking of inventories.

Gross domestic product rose an annual 2.8 percent, less than the preliminary 3 percent expansion released in the flash estimate on Nov. 12, the statistics office in Prague said on its website today. Growth accelerated from a revised 2.3 percent in the second quarter. The economy expanded 1 percent from the previous quarter in the July-September period.