In December, industrial production expanded 12.7% over the same month the prior year. The December expansion represented a deceleration over the 15.9% increase observed in November and undershot market expectations of a 14.0% rise. The deceleration mainly reflected slower growth in manufacturing, which accounts for the bulk of industrial production (November: +17.2% year-on-year; December: +14.0% yoy). In addition, mining and quarrying decelerated sharply from a 23.5% expansion in November to a 10.0% increase in December. In contrast, electricity, gas, steam and air conditioning supply accelerated over November. A month-on-month comparison confirms the slowdown suggested by the annual data, as industrial production fell a seasonally adjusted 0.89% in December, contrasting the 1.95% increase registered in November. For the full year 2010, industrial output expanded 10.5%, which contrasted the 13.6% contraction in 2009.
Czech Republic Industry
Industrial production remained robust in December
February 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%.