Czech industrial production increases in November

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Regional today

Tuesday January 11, 2022, 10:05 am

Industrial production in the Czech Republic rose 1.6% year-on-year in November, following a 4.9% drop in October, according to figures released by the Czech Statistical Office (CZSO) on Friday.

Economists were forecasting a decline of 0.6%. Manufacturing output grew 1.1% per year in November, and mining and quarrying output increased 5%.

Electricity, gas, steam and air conditioning increased 5.2%.

On a monthly basis, industrial production rose 4.9% seasonally adjusted in November. New industrial orders rose 9.3% per year in November. Production in the construction sector increased by 2% per year corrected for working days in November.

On a seasonally adjusted basis, construction production was unchanged month over month in November.

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