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November industrial production in Czechia decreased by 2.7% year on year and by 1.4% month on month, the Czech Statistical Office (CZSO) reported. The value of new orders increased by 0.2% y/y, returning “into the black mainly thanks to manufacture of motor vehicles […], electrical vehicles as well as to contracting of other long-term orders of other transport equipment” such as rail vehicles, commented Veronika Dolezalova, head of the Industrial Statistic Unit at CZSO. Industry continued in its unconvincing performance in 2023 after it registered a slight increase of 1.9% y/y in October. Noti…

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