Referring to results for Q3 2020, the ČSÚ said the negative year-on-year GDP development was caused mainly by a decrease in capital formation and by lower household consumption. “The gross value added (GVA) decreased in majority of economic activities of the national economy. A negative influence on the GVA decrease came mainly from the development in industry and a group of economic activities of trade, transportation, and accommodation and food service activities,” ČSÚ said.