Czech Republic: Industrial Output Slowed Down

BusinessEconomy ♦ Published: December 9, 2013; 11:58 ♦ (Vindobona)

In October, the industrial performance in the Czech Republic only grew by 3.5 percent on a year-on-year comparison basis.

Czech Republic: Industrial Output Slowed Down / Picture: ©

After economic output increased to 7.2 percent in September, it slowed down to 3.5 percent only, according to data released by the Czech Statistical Office (CSU) today. Seasonally adjusted industrial output increased by six percent in October while the value of new industrial orders rose by 9.6 percent on a year-on-year basis. Industrial output was boosted by external demand. New orders…

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