Czech Industry Comes Out Of The Woods

Czech industrial production grew 3.8% YoY in December, buoyed by a massive 24.9% surge in new orders and lower energy costs due to subsidies.

Key Takeaways

• 1.Czech industrial output is approaching pre-pandemic peaks, showing a 3.8% year-on-year increase in December.
• 2.New industrial orders saw a significant jump of 24.9% YoY, primarily driven by a 40% surge in foreign demand.
• 3.Government-subsidized electricity prices are identified as a critical factor in maintaining industrial competitiveness.

Table of Contents

• The outlook brightens
• New orders improve tangibly
• Breaking the chains in hostile conditions
• Surpassing the previous peak soon
• Author
• Disclaimer

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