In September, industrial production expanded 2.5% over the same month last year, which was less than half the 5.9% increase recorded in August and undershot market expectations of a 4.2% rise. The monthly slowdown reflected contractions in mining and quarrying as well as in the supply of electricity, gas, steam and air conditioning. Manufacturing grew 3.7% year-on-year in September, which was slower than the 5.7% increase in August. However, a month-on-month assessment does not corroborate the deceleration suggested by the annual figures, as industrial production expanded 0.08% in seasonally adjusted terms, which contrasted the 0.58% contraction recorded in August. The trend continues to point downwards, with annual average growth in industrial output declining from 10.2% in August to 9.3% in September, which marked the slowest pace since November 2010.
Czech Republic Industry
Industrial production slows in September
November 7, 2011
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Czech Republic Economic News
October 24, 2016
The economic sentiment indicator published by the Czech Statistics Office (CSO) rose from September’s 97.1 points to 97.5 points in October, marking a nine-month high.
October 10, 2016
In September, consumer prices fell 0.2% from the previous month, matching August’s reading.
October 7, 2016
Industrial production grew 13.1% year-on-year in August, which sharply contrasted the 14.1% fall registered in July and was the best result since May 2011.
October 3, 2016
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit rose from August’s 50.1 to a four-month high of 52.0 in September.
September 29, 2016
At its meeting on 29 September, the Czech National Bank (CNB) decided to leave the two-week repo rate unchanged at its so-called “technical zero” of 0.05%.