Czech Industrial Output Drops In June

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Tuesday, the Czech Statistical Office said in a preliminary report that the industrial production decreased 12.3% year-over-year in June, compared with a 22% fall in the previous month.

After adjusting for working day effects, industrial output declined 14.4% annually in June, after falling 20.1% in May.

The value of new orders declined 13% in June from the previous year, while industrial sales fell 14.3%.

Meanwhile, registered employment in enterprises with 50 or more employees decreased by 13.3% in June.

Tuesday, the Czech Statistical Office said in a preliminary report that the industrial production decreased 12.3% year-over-year in June, compared with a 22% fall in the previous month. (Market News Provided by RTTNews)