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Czech industrial output accelerates growth to 5.4 pct in Nov

6. January, 2012

According to the Czech Statistical Office (CSU) the industrial output of the country achieved an annual growth in November to 5.4 percent from October´s 1.7 percent. The most developed sector is the manufacturing of motor vehicles, influenced by the long-term positive development of the automotive industry.

Manufacture of motor vehicles, trailers and semi-trailers rose by 17.7 percent and manufacture of machinery and equipment rose by 12.9 percent.

The deepest annual decline in industrial production was recorded in manufacture of computer, electronic and optical products, down by 21.8 percent.

 

In result, the average registered number of employees in industrial enterprises with 50+ employees increased in November by 1.7 percent on an annual basis while the average monthly nominal wage grew by 2.2 percent.