Czech Industrial Production Growth Eases in October
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The Czech Republic's industrial production climbed a working-day adjusted 3.1% year-on-year in October, well below the 8.3% rise in September, data from the Czech Statistical Office (CZSO) revealed on Wednesday.
The overall increase in October was solely due to the development in production of motor vehicles, the Prague-based agency said.
Among sectors, manufacturing output advanced 6.2% on year in October, while mining and quarrying production fell 1.4%.
Meanwhile, electricity, gas, steam and air conditioning output showed a sharp fall of 20.2%.
On a monthly basis, industrial production dropped a seasonally adjusted 3.7% in October.
Data also showed that construction output increased 1.0% yearly and by 1.8% monthly in October.
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