Czech Republic Industrial production April 2019

Czech Republic

Czech Republic: Industrial production growth hits five-month high in April

June 6, 2019

Industrial production rose a solid 3.3% year-on-year in April, a five-month high and well above March’s marginal 0.2% increase. There were the same number of working days in April than in the same month last year. April’s pick-up was driven by strengthening manufacturing production—particularly of motor vehicles—and the rebound in output in the electricity, gas, steam and air conditioning supply sector. Meanwhile, the mining and quarrying sector contracted for the fourth consecutive month in April.

In seasonally-adjusted month-on-month terms, industrial output advanced 0.8% in April, following the 0.1% increase recorded in March. Meanwhile, annual average growth in industrial production edged down from 2.6% in March to 2.4% in April.

FocusEconomics Consensus Forecast panelists expect industrial output to expand 1.9% in 2019, which is down 0.2 percentage points from last month’s forecast, and 2.7% in 2020.


Author:, Economist

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Czech Republic Industrial production Chart


Czech Republic Industry April 2019

Note: Year-on-year changes and annual average variation of industrial production index in %
Source: Czech Statistics Office (CSO).


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