Czech Industrial Production Rebounds in February
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.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.