Czech Republic: Industrial Production Decreased by 4.1%

BusinessEconomy ♦ Published: March 15, 2013; 11:37 ♦ (Vindobona)

In January 2013, industrial production decreased at constant prices by 4.1%, year-on-year. Compared to the previous month, seasonally adjusted industrial production was the same as in December 2012. The value of new orders decreased by 7.6%, y-o-y.

Czech Republic: Industrial Production Decreased by 4.1% / Picture: © Vindobona.org

In January 2013, industrial production decreased at constant prices by 4.1%, y-o-y. After seasonal adjustment, industrial production was on the same level as in December 2012 (month-on-month). The following contributed the most to the y-o-y decrease of industrial production: manufacture of motor vehicles, trailers and semi-trailers (contribution -1.5 p.p., decrease by 8.6%),…