Industry accelerated growth in July to 8.6 percent

The Czech industrial sector grew by an annual 8.6 percent in July, up from 8.3 percent recorded in the previous month, according to figures released on Monday by the Czech Statistics Office. The value of new orders annually increased by 17.6 percent in that month. The growth was fuelled by the country’s automotive industry which grew in July by 46.6 percent compared to the same month last year.

Author: Jan Richter