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Tuesday, a report by the Czech Statistical Office said industrial output dropped 12.2% year-on-year in June. This comes after a 22% fall in May. After adjusting for working day, industrial output fell 14.3%.
Month-on-month, industrial output rose a seasonally adjusted 2.9%. In the second quarter, output dropped 18.8% compared to the same period last year.
Meanwhile, construction output rose 0.1% in July from the previous year, but after working day adjustments fell 0.9%. Month-on-month, construction output rose a seasonally adjusted 1% in June.
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