Czech Republic: Industrial production returns to growth in February
Latest reading: Industrial production rose 1.3% in seasonally adjusted month-on-month terms in February, following a 2.8% drop in the previous month.
Relative to the prior month’s data, readings in February improved for manufacturing (+1.9% on a seasonally adjusted month-on-month basis vs -4.0% in January) and mining and quarrying (+1.9% vs -4.7% in January). In contrast, the reading for electricity, gas, steam and air conditioning supply softened in February (-5.6% vs +11.3% in January).
On a working-day adjusted year-on-year basis, industrial production rose 1.3% in February, following a 2.7% rise in the previous month.