Industrial production adjusted for the no. of working days fell by 1.5 % y/y in September 2020. Excluding seasonal effects, it was 4.1 % higher m/m. The value of new orders increased by 4.8 % y/y. The information was provided by the Czech Statistical Office. The year-on-year change was mostly due to electricity, gas, steam and air conditioning supply (contribution -0.7 pp; decrease by 7.5 %) and manufacture of machinery and equipment (contribution -0.7 pp; decrease by 8.3 %). %). In manufacture of motor vehicles, trailers and semi-trailers, industrial production increased by 4.9 % (contribution +1.0 pp).
Source: CIA News
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