Czech industrial production falls in August

Manufacturing

Photo by Oscar Sweep / Shutterstock.com

The Czech Republicʼs industrial production declined a working-day adjusted 5.5% year-on-year in August, following a 5% fall in July, data from the Czech Statistical Office (CZSO) showed on Wednesday. Manufacturing output declined 5.6% yearly in August.

Photo by Oscar Sweep / Shutterstock.com

Mining and quarrying output decreased 24.5%, while electricity, gas, steam and air conditioning fell 0.7%. On a monthly basis, industrial production fell a seasonally adjusted 0.9% in August.

Industrial new orders decreased 9.8% year-on-year in August. Separate data from the Prague-based statistical office showed that the construction output decreased a working-day adjusted 9.7% annually in August.

On a seasonally adjusted basis, construction output rose 1.4% monthly in August.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.