Industrial output up 3.3% in May after 3-month slide

Czech industrial output rose 3.3% y-o-y in May thanks to improved numbers from the automobile sector. The Czech Statistics Office attributed the upturn for car manufacturers to a mild improvement in supply chain blockages. Furniture and leather goods production jumped 20% while pharmaceuticals were up 15%. Construction output growth slowed from 4% in April, but … Continue reading Industrial output up 3.3% in May after 3-month slide