Automobile production saw 42 percent year-on-year rise in March

Czechia’s automobile production saw a year-on-year rise by 42 percent in March and grew by more than 10 percent when compared to February, according to data published by the Czech Statistics Agency this Tuesday. This was largely down to an improvement in the deliveries of necessary parts.

It was largely down to car production that industrial output in general rose by 2.2 percent when compared to the same month in 2022. Czechia’s foreign trade reached a surplus of CZK 15.9 billion in March, mainly thanks to increased car exports and the fall in the prices of oil and gas imports. Meanwhile, the construction sector dipped by 6 percent year-on-year.