Industry grows by 14.9% y/y in March

Published: 16.05.2021 Related countries:  United Arab Emirates United Arab Emirates

The Recovery of the Czech Industry

Industrial production grew by 14.9% y/y in real terms in March 2021. It was higher by 3.2% m/m. The value of new orders increased by 23.0% y/y. The Czech Statistical Office informed about it. The high annual growth in production was recorded mainly in sectors that have been hit by a complete closure since mid-March last year and which are also very closely linked. That is the production of cars, here production increased by 47% y/y, the production of rubber and plastic products with a growth of 22% and the production of electrical equipment. Source: https://www.cianews.cz/en