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Monday, a report by the Czech Statistical Office said industrial output declined 8.4% on a yearly basis in August, much slower than a 18.2% drop in the previous month. Compared to the previous month, the seasonally adjusted industrial output rose 4% in August.
Mining and quarrying output dropped 6.9% on an annual basis, while manufacturing slipped 18.4%. Production of electricity was down 3.6%.
During the same month, new orders fell 13.6% on a yearly basis, while sales declined 12.7%.
Meanwhile, construction output rose a seasonally adjusted 1.5% on a monthly basis in August, and was up 0.6% at constant prices from last year.
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