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.