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Czech industrial production rises in March

Manufacturing

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.

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