Czech gross domestic product (GDP) increased by 0.3% year on year in the first quarter of this year, according to the refinement published by the Czech Statistical Office (CZSO). CZSO also lowered the quarter-on-quarter growth in Q1 from 0.3% to 0.2%. The previous adjustment published in June put the y/y growth at 0.2%, which was a lower estimate on the 0.4% y/y growth published in May. “Recovery of the economy was more sleepy in the first months of this year,” an analyst at Cyrrus Consulting, Vit Hradil, was quoted as saying byCzech Press Agency (CTK), pointing out that household consumption …