Czech industrial production rises in March
Photo by Gorodenkoff / Shutterstock.com
The Czech Republic's production grew a working-day adjusted 14.9% year-on-year in March, after a 2.6% fall in February, data from the Czech Statistical Office (CZSO) showed on Friday.
Manufacturing output surged 16.0% yearly in March. Mining and quarrying output decreased 2.7%, while electricity, gas, steam and air conditioning rose 9%.
On a monthly basis, industrial production rose a seasonally adjusted 3.2% in March. Annually, industrial new orders increased 23.0% in March. Construction output decreased a working-day adjusted 3.1% annually in March.
On a seasonally adjusted basis, the construction output grew 3.1% monthly in March, the Prague-based statistics agency said.
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.