Czech industrial output up by 1.6 percent in August

Czech industrial output increased by 1.6 percent year-on-year in August after an annual rise of 2.1 percent in July, the Czech Statistics Office said on Monday. In month-on-month terms, seasonally adjusted industrial output was 4.7 percent higher and the value of new contracts grew by 12.3 percent year-on-year. Industrial output in August followed July´s growth that came after a two-month fall. The biggest annual growth was registered in manufacture of motor vehicles, trailers and semi-trailers at 26.1 percent.