Czech industrial production growth slows in May
The Czech Republic's industrial production grew a working-day adjusted 25.3% year-on-year in May, after a 55.1% rise in April, data from the Czech Statistical Office (CZSO) showed on Wednesday.
Manufacturing output surged 29.2% yearly in May. Meanwhile, mining and quarrying output decreased 0.3%, and electricity, gas, steam and air conditioning declined 2.2%.
On a monthly basis, industrial production rose a seasonally adjusted 3.6% in May. Industrial new orders increased 46.5% year-on-year in May.
Construction output rose a working-day adjusted 5.8% annually in May. On a seasonally adjusted basis, the construction output increased 3.0% monthly in May.
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