Czech industrial production growth slows in June
The Czech Republic's industrial production rose at a softer pace and construction output increased in June, data from the Prague-based Czech Statistical Office (CZSO) showed on Friday.
Industrial production grew a working-day adjusted 11.4% year-on-year in June, after a 25.3% rise in May. Manufacturing output surged 13.1% yearly in June and mining and quarrying output increased 11.5%.
Meanwhile, electricity, gas, steam and air conditioning declined 5.1%. On a monthly basis, industrial production rose a seasonally adjusted 1% in June. Industrial new orders increased an annual 22.8% in June. Construction output rose a working-day adjusted 7.9% on year in June. On a seasonally adjusted basis, the construction output remained unchanged monthly in June.
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