India, May 7 -- The Czech Republic's industrial output decreased more-than-expected in March after recovering in the previous month, data from the Czech Statistical Office revealed on Tuesday.
Separate data showed that the foreign trade surplus grew sharply in March from a year ago as imports fell faster than exports.
Industrial production declined a working-day-adjusted 2.7 percent year-on-year in March, reversing a 0.7 percent increase in February. Economists had expected a drop of 0.5 percent.
Among sectors, mining and quarrying output contracted the most by 3.8 percent annually in March, followed by manufacturing production by 2.7 percent. Output produced in the utility sector was also 2.4 percent lower compared to last year.
Data s...