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Czech Republic Industrial production December 2020

Czech Republic: Industrial output growth inches up in December

Industrial production expanded 0.5% year-on-year in working-day adjusted terms in December, which followed November’s 0.4% increase. December’s rise came mainly on the back of an expansion in the manufacture of motor vehicles, trailers and semi-trailers. Meanwhile, the trend improved, with the annual average variation of industrial production coming in at minus 7.8% from November’s minus 8.1%.

On a monthly basis, industrial production rose 0.2% in seasonally-adjusted terms in December, contrasting November’s 1.7% decrease.

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