Czech industrial production decline slows in September
Photo by Oscar Sweep / Shutterstock.com
The Czech Republic’s industrial production declined for the second straight month in September, albeit at a slower rate, figures from the Czech Statistical Office (CZSO) show.
Photo by Oscar Sweep/Shutterstock
Industrial production fell 0.6% year-on-year in September, after a 1.2% decline in August. In July, production rose 0.1%.
Manufacturing output fell 0.4% annually in September. Mining and quarrying output decreased by 9.6% and that of electricity, gas, steam and air conditioning fell 1%.
On a monthly basis, industrial production rose a seasonally adjusted 0.8% in September. New orders grew an annual 2.7% in September amid a 2.9% rise in foreign bookings and a 2.4% climb in domestic demand.
Separate data from the Prague-based statistical office shows that construction output rose 0.2% y.o.y. in September, after a 2.4% drop in August. In July, construction output grew 3.6%. On a month-on-month basis, construction output gained 1.8% in September, CZSO said on Wednesday.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.