Czech industry accelerates growth in June

The Czech industrial sector grew in June by 8.1 percent year on year, after a 2.5 percent growth registered in May, according to figures by the Czech Statistics Office released on Wednesday. The growth was mainly fuelled by increased output of the country’s automotive industry; the biggest Czech car manufacturer, Škoda Auto, posted an 74.9 percent surge of its operating profit in the first six months of the year which reached 11.7 billion crowns. The Czech Republic’s construction sector, meanwhile, returned to growth in June when it rose by 5.1 percent year on year.

Author: Jan Richter