Czech industrial production rises in December
The Czech Republic's industrial production rose, while construction output decreased in December, data from the Czech Statistical Office (CZSO) showed on Monday.
Industrial production increased a working-day adjusted 0.5% year-on-year in December, following a 0.4% rise in November. Manufacturing output gained 1% yearly in December. Mining and quarrying output decreased 12.5% and electricity, gas, steam and air conditioning fell 0.3%. On a monthly basis, industrial production rose a seasonally adjusted 0.2% in December. Industrial new orders increased 11.2% year-on-year in December.
In the fourth quarter, industrial production rose 3.8% quarterly and grew 0.8% yearly. In 2020, industrial production fell 8.0%. In a separate statement the Prague-based statistics agency said that the country's construction output decreased a working-day adjusted 12.4% annually in December. On a seasonally adjusted basis, the construction output declined 2% monthly in December. In the January-December period of 2020, construction output fell 7.7%.
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