Report

Industrial output stays on contraction in February, car production falls slower

- Industry has been on a fall for almost a year, due to weak demand, domestically and externally
- Milder decrease in some sectors, robust increase in other signal recovery was close before epidemic started
- Manufacturing keeps deteriorating stronger dragged down by demand contraction domestically, export fall
- Some manufacturing fields keep rising, to supply demand jumps for several products in early epidemic signs
- Industry contraction very probably to continue over auto industry shutdown as of mid-March, even if some sectors may keep growing during epidemic
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CEEMarketWatch
CEEMarketWatch

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