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Czech industrial output decreased by 0.4% year on year and increased by 0.6% month on month in April. It follows a weak development in March, when industry fell by 2.7% y/y after a rise of 0.7% in February, which ended a three-month skid in industrial output. “The total decrease was mainly affected by a lower production in the energy sector and an ongoing decrease in the manufacture of machinery and equipment and in the manufacture of basic metals,” commented Radek Matejka of the Czech Statistical Office (CZSO). Production in electricity, gas, steam and air conditioning supply decreased by a t…

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