Industry - October 2018

Published: 20.12.2018 Related countries:  U.S.A. U.S.A.

The Czech Republic - Industrial production and orders increased

Czech Statistical Office: „In October 2018, working days adjusted industrial production increased at constant prices by 3.3%, year-on-year (y-o-y); non-adjusted industrial production increased by 6.7%. Seasonally adjusted industrial production decreased by 1.1%, month-on-month (m-o-m). The value of new orders increased by 12.3%, y-o-y.

In October 2018, seasonally adjusted industrial production (including adjustment for working days) decreased at constant prices by 1.1%, m-o-m. In the year-on-year comparison, working days adjusted industrial production increased by 3.3%; non-adjusted industrial production increased by 6.7%. October 2018 had one working day more compared to October 2017. The following economic activities contributed the most to the y-o-y growth of industrial production: manufacture of motor vehicles, trailers and semi-trailers (contribution +1.6 p. p., growth by 8.4%), manufacture of fabricated metal products (contribution +1.0 p. p., growth by 9.4%), and manufacture of electrical equipment (contribution +0.5 p. p., growth by 7.5%). Industrial production decreased in the following economic activities: mining and quarrying (contribution −0.08 percentage point (p. p.), drop by 3.1%), manufacture of chemicals and chemical products (contribution −0.05 p. p., drop by 1.5%), and manufacture of wearing apparel (contribution −0.03 p. p., drop by 5.1%).“

 

Published by the team of CzechTrade foreign office in Chicago.

 

Source: https://www.czso.cz/csu/czso/ari/development-of-external-trade-price-indices-3-quarter-of-2018