Czech Republic: Industrial production contracts in August
Latest reading: Industrial production declined 1.1% on a seasonally adjusted month-on-month basis in August, following a 0.8% rise in the prior month.
Relative to the prior month’s data, readings in August softened for manufacturing (-1.3% mom s.a. vs -0.3% in July), electricity, gas, steam and air conditioning supply (+0.9% vs +12.6% in July) and mining and quarrying (-8.1% vs +5.0% in July).
In calendar-adjusted year-on-year terms, industrial production was down 1.3% in August, following 1.8% growth in the previous month.