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Czech industrial production falls in September

Banking

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The Czech Republic's industrial production declined a working-day adjusted 4.0% year-on-year in September, following a 1.4% fall in August, data from the Czech Statistical Office (CZSO) showed on Monday.

Manufacturing output fell 4.8% yearly in September. Meanwhile mining and quarrying output increased 6.9% and electricity, gas, steam and air conditioning rose 2.2%.

On a monthly basis, industrial production fell a seasonally adjusted 3.3% in September. Industrial new orders decreased 1.2% year-on-year in September.

Construction output rose a working-day adjusted 2.2% annually in September.

On a seasonally adjusted basis, the construction output rose 0.4% monthly in September.

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