Industrial output grows but analysts disappointed

November saw the first year-on-year monthly increase in industrial output in the Czech Republic since September 2008, according to official government figures released on Wednesday. However, the rise of only 0.2 percent is being regarded as something of a disappointment by analysts, who had expected higher growth; they point out that output fell by 17.4 percent in November 2008, meaning that even with a slight rise levels this November were well below those in the third quarter of last year.

Author: Ian Willoughby