Europe > Eastern Europe > Czech Republic > Czech Republic Industrial production picks up in November

Czech: Czech Republic Industrial production picks up in November

2016/01/16

ndustrial 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 increase in industrial production rose from October’s 4.5% to 5.0% in November.


FocusEconomics Consensus Estimate panelists expect industrial output to expand 4.5% in 2016, which is down 0.1 % points from last month’s estimate. For 2017, panelists expect industrial output to expand 4.3%.

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