Arab Today, arab today czech industrial output soars in may
Last Updated : GMT 17:16:28
Arab Today, arab today
Arab Today, arab today

Czech industrial output soars in May

Arab Today, arab today

Arab Today, arab today Czech industrial output soars in May

Prague - AFP

Czech industrial output soared to an annual pace of 15.2 percent in May from 4.7-percent growth in April, fuelled by a leap in car and machinery production, unadjusted official data showed on Friday. Industrial output grew by a seasonally adjusted 2.7 percent between April and May, said the Czech Statistical Office. The annual growth was driven by car production, which jumped by 29.9 percent, and by machinery production, up 22.7 percent. Car production is the key engine of the ex-communist economy which is home to big plants run by Germany\'s Volkswagen, South Korea\'s Hyundai, and TPCA, a joint venture between Japan\'s Toyota and France\'s PSA Peugeot Citroen. \"There was an extra workday against May 2010, but the growth was still high,\" David Marek, head analyst at investment bank Patria Finance, told AFP. \"It was probably a one-off upswing -- there are many factors indicating that the growth won\'t be so fast in the months to come,\" he added. The Czech economy grew 2.3 percent in 2010 following a 4.1-percent contraction caused by the global downturn in 2009. In the first quarter of this year, the economy expanded by 2.5 percent compared with the same period in 2010. The central bank expects economic growth to slow down to 1.5 percent this year due to austerity measures planned by the centre-right government, before a pick-up to 2.8 percent in 2012.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today czech industrial output soars in may Arab Today, arab today czech industrial output soars in may

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today czech industrial output soars in may Arab Today, arab today czech industrial output soars in may

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday