The IHS Markit Czech Republic Manufacturing PMI rose to 57 in December of 2020 from 53.9 in the prior month and beating market expectations of 54.4. The latest reading pointed to the fourth straight month of growth in factory activity and the strongest since April of 2018. Output, new orders and employment increased much faster. On the price front, input price inflation accelerated amid supplier shortages and greater demand for raw materials; while output charges rose for the first time in 2020. Finally, business sentiment was the strongest since August 2018, as firms were buoyed by hopes of more robust global economic conditions in 2021. source: Markit Economics

Manufacturing PMI in Czech Republic averaged 52.18 points from 2011 until 2020, reaching an all time high of 59.80 points in December of 2017 and a record low of 35.10 points in April of 2020. This page provides the latest reported value for - Czech Republic Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Czech Republic Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Manufacturing PMI in Czech Republic is expected to be 50.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Czech Republic to stand at 51.00 in 12 months time. In the long-term, the Czech Republic Manufacturing PMI is projected to trend around 52.10 points in 2022, according to our econometric models.

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Czech Republic Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
57.00 53.90 59.80 35.10 2011 - 2020 points Monthly
SA


News Stream
Czech Republic Factory Activity Growth at Over 2-1/2-Year High
The IHS Markit Czech Republic Manufacturing PMI rose to 57 in December of 2020 from 53.9 in the prior month and beating market expectations of 54.4. The latest reading pointed to the fourth straight month of growth in factory activity and the strongest since April of 2018. Output, new orders and employment increased much faster. On the price front, input price inflation accelerated amid supplier shortages and greater demand for raw materials; while output charges rose for the first time in 2020. Finally, business sentiment was the strongest since August 2018, as firms were buoyed by hopes of more robust global economic conditions in 2021.
2021-01-04
Czech Republic Factory Activity Growth at Over 2-Year High
The IHS Markit Czech Republic Manufacturing PMI increased to 53.9 in November of 2020 from 51.9 in October and beating market expetations of 51.3. The latest reading pointed to the third straight month of growth in factory activity and the strongest since October of 2018. Output rose modestly while new orders increased at the fastest pace since July 2018, linked to greater domestic and international orders, following the return of client operations in key export destinations across Europe. Meantime, the rate of job creation was only marginal overall, as firms stated that demand may be unstable over the coming months and amid efforts to keep costs under control. On the price front, input costs rose at the fastest pace since February 2019 but output charges were unchanged as firms sought to remain competitive and boost sales. Finally, the degree of optimism regarding the year-ahead outlook for output strengthened to the highest since October 2018.
2020-12-01
Czech Republic Factory Activity Rises the Most in 2 Years
The IHS Markit Czech Republic Manufacturing PMI increased to 51.9 in October of 2020 from 50.7 in September, pointing to the second straight month of growth in factory activity and the highest in 2 years. The rate of expansion in new business was the sharpest in just over two years, with export orders rising the most since June of 2018. Subsequently, manufacturers increased their workforce numbers, albeit only fractionally. Meanwhile, firms were less upbeat regarding the outlook for output over the coming 12 months, with the degree of confidence slipping to a four-month low.
2020-11-02
Czech Republic Factory Activity Rises for 1st Time in Near 2 Years
The IHS Markit Czech Republic Manufacturing PMI increased to 50.7 in September of 2020 from 49.1 in August. The reading pointed to the first growth in factory activity since November of 2018 but below market forecasts of 51.3. Growth was largely driven by a faster increase in production and a return to expansion in new orders, as foreign client demand also picked up. Signs of sufficient capacity led to a further fall in employment, albeit with the rate of job shedding easing to the slowest since June 2019 amid greater new business inflows. As such, output expectations improved to the highest since October 2018 amid hopes of a further strengthening of client demand.
2020-10-01

Czech Republic Manufacturing PMI
In Czech Republic, the Markit Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 250 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.