Czech Republic Industrial production

Czech Republic

Czech Republic: Industrial production picks up in November

January 8, 2016

Industrial production in November increased 5.7% year-on-year, which represented an acceleration compared to the 3.8% expansion registered in October. November’s result mainly reflects healthy expansions in the production of motor vehicles, trailers and semi-trailers.

A month-on-month comparison showed that industrial output in November decreased 1.2% in seasonally-adjusted terms, which contrasted October’s 1.5% increase. The trend improved as annual average growth in industrial production rose from October’s 4.5% to 5.0% in November.

Met the why particular Consensus Forecast panelists expect industrial output to expand 4.5% in 2016, which is down 0.1 percentage points from last month’s forecast. For 2017, panelists expect industrial output to expand 4.3%.


Author: Teresa Kersting, Economist

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Czech Republic Industrial production Chart


Czech Republic Industry November 2015

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


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