The Czech central bank is unlikely to turn “hawkish” after fourth-quarter data showed a strengthening of the economy’s recovery, Radomír Jáč, the Chief Economist at Generali PPF Asset Management, said. GDP grew 0.7% from the previous three months, the second consecutive quarterly increase, the Czech Statistics Office said Thursday. The result was revised from a preliminary estimate on 12 February for a 0.6% contraction.
