Czech Republic: Industrial output growth cools in January
March 12, 2021
Industrial production expanded 0.9% year-on-year in working-day adjusted terms in January, which followed December’s 2.5% increase. Meanwhile, the trend improved, with the annual average variation of industrial production coming in at minus 6.9% from December’s minus 7.0%.
On a monthly basis, industrial production dropped 0.4% in seasonally-adjusted terms in January, following December’s 0.2% decrease.