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ÈSÚ: Industry grew 4.3% y/y in April

The industrial production in the Czech Republic grew 4.3% y/y in real terms in April 2015. Seasonally adjusted industrial production was 0.8% higher than last month. ÈSOB’s analyst Petr Dufek has stated that Czech industry’s growth was influenced by carmakers’ higher production, which gained 8% y/y in April 2015. According to Raiffeisenbank’s economist Michal Brožek, the data from April indicate that the wage growth in the private sphere should accelerate further in Q2 2015.


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