Czech Republic: Industrial output growth softens in November
Industrial production expanded 0.4% year-on-year in working-day adjusted terms in November, which followed October’s stronger 1.3% increase—which had marked the strongest reading since May 2019. Meanwhile, the trend improved, with the annual average variation of industrial production coming in at 8.1% from October’s minus 8.4%.
On a monthly basis, industrial production shrank 1.7% in seasonally-adjusted terms in November, contrasting October’s 2.7% increase.