- Economy is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on!

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.