Czech Republic: Industrial output rebounds in February
Industrial output increased 2.0% year on year in working-day adjusted terms in February (January: -1.8% yoy). The notable turnaround largely reflected an improvement in manufacturing and electricity, gas, steam and air conditioning supply output.
On a seasonally adjusted monthly basis, industrial output rebounded, rising 0.4% in February (January: -3.1% mom). Meanwhile, annual average industrial production growth rose to 2.4% in February (January: +2.2%), which marked a ten-month high.