Industrial production in the Czech Republic fell 1.5 percent over a year earlier in September of 2020, following a 5.5 percent decline in August and compared with market expectations of a 3.9 percent slump. Output fell less for mining & quarrying (-19.6 percent vs -24.5 percent in August) and manufacturing (-0.5 percent vs -5.6 percent), but it plunged for electricity, gas, steam and air conditioning supply (-7.5 percent vs -0.7 percent). On a seasonally adjusted monthly basis, industrial production grew 4.1 percent, recovering sharply from a 0.9 percent decrease in the prior month. Considering the third quarter of 2020, industrial output increased 22.6 percent from the previous period and fell 3.9 percent from a year earlier. source: Czech Statistical Office
Industrial Production in Czech Republic averaged 2.82 percent from 2001 until 2020, reaching an all time high of 14.50 percent in February of 2007 and a record low of -35.10 percent in April of 2020. This page provides - Czech Republic Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Industrial Production in Czech Republic is expected to be -3.40 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 5.50 in 12 months time. In the long-term, the Czech Republic Industrial Production is projected to trend around 4.00 percent in 2021 and 3.10 percent in 2022, according to our econometric models.