he Czech Republic's industrial production expanded at the fastest pace in more than one year in September, data from the Czech Statistical Office (CZSO) show.

Industrial production climbed a working-day adjusted 8.3% year-on-year in September, faster than the 7.2% rise in August.  Among sectors, manufacturing output advanced 9.4% yearly in September, and mining and quarrying production rose 1.8%.

Meanwhile, electricity, gas, steam, and air conditioning output showed a negative growth of 0.7%. On a monthly basis, industrial production dropped a seasonally adjusted 0.2% in September. Data also showed that construction output decreased by 3.7% yearly and by 1.7% monthly in September 2022 .

The Czech Republic's industrial production is expanding at the fastest pace since October 2021 as Manufacturing output grows 9.4%, while Electricity, gas, steam, and air conditioning output shows a negative growth of 0.7%. This information was gathered from the Czech Statistical Office (CZSO) on October 17th 2022 . Although these statistics may seem discouraging at first glance it is important to understand what they entail for businesses within this industry as well as future planning potentials for said businesses! For more information or to schedule an interview please contact us at CeeInd Thank you!