Industrial production down by 23.2 pct

Industrial production in the Czech Republic dropped by more than 23 percent in April, according to government figures released on Friday. Experts believe however that Czech industry is already over the worst of the crisis and expect that production will start rising again in the course of the year. In the second half of 2009, Czech industry is also expected to benefit from car scrapping subsidies introduced in several neighbouring countries. On the whole, the country’s industrial production is expected to drop by some 10 percent by the end of 2009.