Czech industrial output rose 0.5 percent from a year earlier in December 2020, following a 0.4 percent advance in the previous month and missing market expectations of a 1.5 percent growth. There were increases in the production of motor vehicles, trailers and semi-trailers (14.9 percent), rubber and plastic products (7.3 percent), and chemicals and chemical products (10.6 percent). By contrast, output contracted for repair and installation of machinery and equipment (-14.9 percent), computer, electronic and optical products (-12.6 percent), and machinery and equipment (-5.0 percent). On a seasonally adjusted basis, industrial output increased 0.2 percent in December. source: Czech Statistical Office
Industrial Production in Czech Republic averaged 2.80 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 February of 2021.
Industrial Production in Czech Republic is expected to be 3.70 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 4.00 in 12 months time. In the long-term, the Czech Republic Industrial Production is projected to trend around 3.10 percent in 2022, according to our econometric models.