Czech industrial production rebounds in August

Czech industrial production rebounded in August with a 13.1 percent rise compared with the same month in 2015. That follows the 14.1 percent production drop in July. Part of the change is accounted for the extra number of working days in August, factoring out that distortion the year on year rise shrinks to 7.7 percent, the Czech Statistical Office announced. Higher car production was one of the main factors in the latest figures. On the negative side, pharamacutical production was down by around 16 percent.

Author: Chris Johnstone