Industry in the Czech Republic up 3.3%, contracts up 9%

Published: 13.07.2022 Related countries:  U.S.A. U.S.A.

Industrial production in the Czech Republic rose by 3.3% y/y in real terms in May 2022.

The data were published by the Czech Statistical Office. The value of new orders in current prices rose by 9.0% compared to May 2021. The average number of registered employees in the sector increased by 0.1%. Their average gross monthly nominal wages increased by 8.2%. According to the latest data published by Eurostat, industrial production in the EU27 fell by 0.5% y/y in April 2022. Slovakia recorded a decline of 9.6%, the Czech Republic by 3.8%.

Source: CIA News,
Prepared by the team of CzechTrade office in New York.