Czech economic growth is expected to slow to about 2% next year after surprising expansion of just over 2.5% this year, writes Jan Bureš. The stronger-than-expected outturn in 2025 was driven primarily by household consumption and inventory rebuilding.

Bureš forecasts a mild deceleration to roughly 2% in 2026 but notes that the overall result will remain solid. He highlights that consumption is set to remain a key growth driver even as headline growth moderates.

The commentary also warns that the labour market is likely to stay tight into the coming year, keeping labour market pressure elevated. (Commentary by Jan Bureš, 30 December 2025) #CzechRepublic #economy #GDP #labour #FiatNews