Number of newly established companies decline 1.9% y/y in July.
The number of newly established companies and cooperatives declined by 1.9% y/y to 4,180 in July while the number of companies closed remained flat at 799 in the month, according to data of the statistics institute.
The industrial production dropped by 19.8% y/y in workday adjusted terms in May after the 19.2% y/y fall in April, the statistical office preliminary estimates for May show.