India, July 7 -- The Czech Republic's industrial production expanded at the fastest pace in nearly two-and-a-half years, while the trade surplus increased in May from last year, separate reports from the Czech Statistical Office revealed on Monday.
Industrial production climbed a working-day-adjusted 2.2 percent year-on-year in May, faster than the 2.0 percent rise in April.
Moreover, this was the strongest growth since December 2022, when production had risen 4.4 percent.
Among sectors, output produced in the utility sector surged 10.9 percent annually in May, and manufacturing output was 1.5 percent higher. On the other hand, mining and quarrying output declined by 1.5 percent.
On a monthly basis, industrial output dropped 1.6 percent...