Czech industrial production expanded by 3.2% in May

Published: 09.07.2019 Related countries:  United Kingdom United Kingdom

Fresh data released by the Czech Statistical Office show that Czech industrial production increased by 3.2% y/y in May, driven mainly by a 7% acceleration in the automotive industry.

Czech industry maintained its solid pace in May following a more than 3% growth in April, resisting German slowdown of 3.7% y/y.

Industrial production was up by 1.1% month-on-month.

The value of new orders accelerated by 4.1% y/y.

Sales from industrial activity at current prices increased by 6.9% y/y. Direct export sales of industrial enterprises increased at current prices by 6.4%.

Source: Czech Statistical Office