Industrial production in Czech Republic fell 3.2 percent year-on-year in November of 2019, following an upwardly revised 0.4 percent decline in the previous month and compared with market expectations of a 1.2 percent drop. Industrial output fell for the 4th month, mainly due to manufacture of transport equipment (-28.8 percent), machinery and equipment (-7.6 percent), and motor vehicles, trailers and semi-trailers (-3 percent). Production also shrank in mining and quarrying (-8.2 percent) and for utilities (-2.5 percent). On a monthly basis, industrial production fell 1.1 percent. Industrial Production in Czech Republic averaged 3.39 percent from 2001 until 2019, reaching an all time high of 14.50 percent in February of 2007 and a record low of -20.70 percent in February of 2009.

Industrial Production in Czech Republic is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Czech Republic to stand at 3.40 in 12 months time. In the long-term, the Czech Republic Industrial Production is projected to trend around 2.90 percent in 2020, according to our econometric models.

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Czech Republic Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-3.20 -0.40 14.50 -20.70 2001 - 2019 percent Monthly
2015=100, WDA



Calendar GMT Actual Previous Consensus TEForecast
2019-10-07 07:00 AM Aug -1.2% 0.1% -2% -1.6%
2019-11-06 08:00 AM Sep -0.6% -1.2% -1% 0.3%
2019-12-09 08:00 AM Oct -0.4% -0.9% 0.0% -0.4%
2020-01-10 08:00 AM Nov -3.2% -0.4% -1.2% -1.8%
2020-02-06 08:00 AM Dec -3.2% 1.5%


News Stream
2019-12-09
Czech Industrial Output Falls for 3rd Month
Industrial production in the Czech Republic fell 0.4 percent year-on-year in October 2019, following an upwardly revised 0.9 percent decline in the previous month and compared with market expectations of a flat reading. Output dropped less for mining & quarrying (-7.3 percent compared to -10.5 percent in September). Meanwhile, production of electricity, gas, steam and air conditioning supply went down (-3.8 percent compared to 0.9 percent) and manufacturing output continued to fall (at -0.7 percent). On a seasonally adjusted monthly basis, industrial production declined 0.1 percent, after an upwardly revised 1.1 percent gain in the prior month.

2019-11-06
Czech Industrial Output Falls Less than Expected
Industrial production in the Czech Republic dropped 0.6 percent year-on-year in September 2019, following a 1.2 percent fall in the previous month and compared to market consensus of a 1 percent decline. Output went down at a softer pace for mining & quarrying (-0.2 percent compared to -3.2 percent in August); manufacturing (-0.3 percent compared to -1 percent) and electricity, gas, steam and air conditioning supply (-0.1 percent compared to -1.8 percent). On a seasonally adjusted monthly basis, industrial production rose 0.8 percent, after an upwardly revised 0.2 percent gain in the prior month.

2019-10-07
Czech Industrial Output Shrinks in August
Industrial production in the Czech Republic fell 1.2 percent year-on-year in August 2019, following a 0.1 percent rise in the previous month and less than an expected 2 percent decline. Output fell in all categories: mining & quarrying (-3.2 percent vs -9.6 percent in July); manufacturing (-1 percent vs 1.8 percent) and electricity, gas, steam and air conditioning supply (-1.8 percent vs 12 percent). On a seasonally adjusted monthly basis, industrial production decreased 0.1 percent, after rising 0.7 percent in the previous month.

2019-09-06
Czech Industrial Output Rises the Most in 9 Months
Industrial production in Czech Republic rose 5.6 percent year-on-year in July of 2019, recovering from a downwardly 6 percent slump in the previous month and above market expectations of a 2.5 percent increase. It was the highest gain in industrial activity since October of 2018, as output rebounded sharply for manufacturing (8 percent vs -5.8 percent in June). Meantime, production continued to fall for both electricity, gas, steam & air conditioning supply (-12 percent vs -6.8 percent) and mining & quarrying (-6.4 percent vs -12.4 percent). On a seasonally adjusted monthly basis, industrial output went up 0.7 percent, rebounding from a 2.8 percent fall in June.

2019-08-06
Czech Industrial Output Posts Biggest Fall Since 2016
Industrial production in Czech Republic declined 3.8 percent year-on-year in June of 2019, following a 3.2 percent gain in the previous month and worse than market expectations of a 2.0 percent fall. It was the biggest drop since July of 2016 as, output fell for manufacturing (-3.4 percent vs 3.1 percent in May), particularly manufacture of fabricated metal products (-5.9 percent vs 1.0 percent) and motor vehicles, trailers & semi-trailers (-3.9 percent vs 6.9 percent); electricity, gas, steam & air conditioning supply (-6.5 percent vs 6.1 percent) and mining & quarrying (-10.8 percent vs -6.1 percent). On a seasonally adjusted monthly basis, industrial output dropped 2.8 percent, after increasing 1.2 percent in May.

2019-07-08
Czech Industrial Output Rises More than Expected
Industrial production in the Czech Republic increased 3.2 percent year-on-year in May 2019, following a 3.3 percent increase in the previous month and well above market expectations of 1 percent. Motor vehicles, trailers and semi-trailers contributed the most to growth, followed by rubber and plastic products, and electricity, gas, steam and air conditioning supply. By contrast, declines were seen in beverages, machinery and equipment, and mining and quarrying. On a seasonally adjusted monthly basis, industrial production rose 1.1 percent in May, after a 0.8 percent gain in April.


Czech Republic Industrial Production
In Czech Republic, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.

Czech Republic Business Last Previous Highest Lowest Unit
Business Confidence 91.60 91.50 106.60 69.10 points [+]
Manufacturing PMI 43.60 43.50 59.80 43.10 points [+]
Industrial Production -3.20 -0.40 14.50 -20.70 percent [+]
Industrial Production Mom -1.10 -0.10 4.40 -5.40 percent [+]
Manufacturing Production -3.20 -0.70 21.00 -23.90 percent [+]
New Orders 97.10 95.23 217.39 70.18 points [+]
Changes in Inventories 6.52 -4.68 36.01 -16.14 CZK Billion [+]
Car Registrations 18707.00 20163.00 27830.00 8356.00 [+]
Internet Speed 16938.04 17252.82 17768.42 3672.45 KBps [+]
IP Addresses 1720644.00 1710120.00 2231060.00 1053892.00 IP [+]
Mining Production -8.20 -7.30 17.80 -22.80 percent [+]
Steel Production 260.00 270.50 697.00 235.00 Thousand Tonnes [+]
Competitiveness Index 70.85 71.18 71.18 4.43 Points [+]
Competitiveness Rank 32.00 29.00 46.00 29.00 [+]
Corporate Profits 323281.00 308944.00 328392.00 -2717.06 CZK Million [+]
Ease of Doing Business 41.00 35.00 75.00 26.00 [+]
Electricity Production 8013.00 7002.00 8650.00 5516.00 Gigawatt-hour [+]
Corruption Index 56.00 59.00 59.00 37.00 Points [+]
Corruption Rank 44.00 38.00 57.00 25.00 [+]