PRAGUE May 15 The Czech economy accelerated
less significantly year-on-year in the first quarter than the
central bank (CNB) expected, the head of the bank's statistics
and monetary section said on Thursday in a blog post.
"The Czech economy has further accelerated its year-on-year
growth in the first quarter, however less significantly than
assumed by the CNB new forecast," Tomas Holub said on the
central bank's website.
He also said that worries of a negative impact from the
weaker crown on domestic demand were not confirmed, with data
showing a recovery which could be longer lasting.
(Reporting by Robert Muller; Editing by Jason Hovet)