Industrial production down 1.4% in December

6. 2. 2019

Unadjusted industrial production dropped 1.4% y/y in December 2018. Adjusted, it was 1.8% higher. Revenues from industrial activities at current prices grew 1.1%.

(ČIA) Unadjusted industrial production dropped 1.4% y/y in December 2018. Adjusted, it was 1.8% higher. Revenues from industrial activities at current prices grew 1.1%. Revenues from companies' direct exports dropped 0.5%. Domestic revenues were 3.1% higher. The value of new orders was 4.8% lower. New orders from abroad dropped 5.4%, while domestic orders decreased 3.4%. The average number of employees in companies with 50+ employees increased 0.4%. The average gross monthly nominal wage grew 6.6% to CZK 34,271. In month-on-month terms, production was 0.6% higher in real numbers. This information was provided by the Czech Statistical Office.