Unadjusted as well as adjusted for the influence of the number of workdays, industrial production grew 3.2% y/y in real numbers in May 2019. Seasonally adjusted, it was 1.1% higher m/m. The value of new orders grew 4.1% y/y. Orders from abroad were 3.9% higher, while domestic orders increased 4.3%. Revenues from industrial activities in common prices were 6.9% higher. Revenues from direct exports by industrial companies grew 6.4%. Domestic revenues, which also include indirect exports via non-industrial companies, increased 7.5%. This information was provided by the Czech Statistical Office.
Prepared by the team of foreign office CzechTrade Chicago