Czech industrial production declines in April
Photo by Herrndorff image / Shutterstock.com
The Czech Republic’s industrial production declined in April, according to the latest data released by the Czech Statistical Office (CZSO). Industrial production declined a working-day adjusted 33.7% year-on-year in April, following a 12.5% fall in March.
File photo shows the Skoda assembly line at Mladá Boleslav, a city about 50 kilometres northeast of Prague. Photo by Herrndorff image / Shutterstock.com
Manufacturing output declined 35.5% yearly in April. Mining and quarrying output decreased 21.9% and electricity, gas, steam and air conditioning fell 19.2%.
On a monthly basis, industrial production dropped 23.7% in April. Separate data from the statistical office showed that the construction output decreased a working-day adjusted 4.6% annually in April.
On a seasonally adjusted basis, construction output fell 1.9% monthly in April, CZSO said on June 8.
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