Czech Industrial Production Rebounds in February

Manufacturing

The Czech Republic's industrial production expanded in February after contracting in the prior month, led by an upturn in manufacturing output, data from the Czech Statistical Office (CZSO) revealed on Thursday.

Industrial production climbed a working-day adjusted 2.0% year-on-year in February, reversing a 1.9% fall in January, which was the first decline in nine months.

Manufacturing output rebounded by 2.6% annually in February, after a 1% contraction a month ago.

On the other hand, mining and quarrying output fell further by 5.6%, and that of electricity, gas, steam and air conditioning supply slid 1.1%.

On a monthly basis, industrial production rose a seasonally adjusted 0.4% in February.

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