Czech annual industrial output slows in October

Manufacturing

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Industrial output in the Czech Republic decreased 4.9% year-on-year in October, following a 4% contraction in the previous month, figures from the Czech Statistics Office (CZSO) showed.

The largest downward pressure came from the production of motor vehicles, trailers and semi-trailers (-32.9%), rubber and plastic products (-9.3%), and wood and of products of wood and cork, except furniture; articles of straw and plaiting materials (-26.2%).

On the other hand, output rose for electricity, gas, steam and air conditioning supply (10.4%), machinery and equipment (6.1%), and other transport equipment (22.2%).

On a seasonally adjusted monthly basis, industrial production rebounded 0.9% in October, following two consecutive months of declines.

In a separate statement, the Prague-based agency said that construction output in the Czech Republic increased 3.7% annually in October following an upwardly revised 3.0% growth in the previous month.

On a seasonally adjusted monthly basis, construction output rose 0.4%. 

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