Czech Industrial Production Declines; Trade Surplus Increases

By RTTNews Staff Writer4 days ago

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The Czech Republic's industrial production and construction output decreased in February, data from the Czech Statistical Office showed on Thursday.

Separate data showed that the trade surplus increased in February as exports rose and imports increased.

Industrial production decreased a working-day adjusted 2.6 percent year-on-year in February, after a 0.3 percent rise in January. Economists had forecast a 0.5 percent growth.

Manufacturing output fell 3.1 percent yearly in February.

Mining and quarrying output decreased 2.9 percent, while electricity, gas, steam and air conditioning rose 1.5 percent.

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