The IHS Markit Czech Republic Manufacturing PMI rose to 58 in March of 2021 from 56.5 in the previous month, in line with market expectations. The latest reading pointed to the seventh straight month of expansion in the factory sector and at the sharpest pace since February of 2018. New orders, output and employment increased sharply. Still, there were signs of further intensification in supply chain disruptions as vendor performance deteriorated to the greatest extent on record, with firms stating that transportation delays, COVID-19 restrictions and raw material shortages led to the unprecedented increase in input delivery times. As a result, the rate of input cost inflation hit a record high and the pace of charge inflation was the quickest since January 2008. Finally, business confidence was the second-highest since July 2018, linked to hopes of an end to the pandemic and looser restrictions on business operations. source: Markit Economics

Manufacturing PMI in Czech Republic averaged 52.31 points from 2011 until 2021, 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 April of 2021.

Manufacturing PMI in Czech Republic is expected to be 53.00 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
58.00 56.50 59.80 35.10 2011 - 2021 points Monthly
SA


News Stream
Czech Factory Activity Growth at Over 3-Year High
The IHS Markit Czech Republic Manufacturing PMI rose to 58 in March of 2021 from 56.5 in the previous month, in line with market expectations. The latest reading pointed to the seventh straight month of expansion in the factory sector and at the sharpest pace since February of 2018. New orders, output and employment increased sharply. Still, there were signs of further intensification in supply chain disruptions as vendor performance deteriorated to the greatest extent on record, with firms stating that transportation delays, COVID-19 restrictions and raw material shortages led to the unprecedented increase in input delivery times. As a result, the rate of input cost inflation hit a record high and the pace of charge inflation was the quickest since January 2008. Finally, business confidence was the second-highest since July 2018, linked to hopes of an end to the pandemic and looser restrictions on business operations.
2021-04-01
Czech Republic Manufacturing PMI Slows in February
The IHS Markit Czech Republic Manufacturing PMI edged down to 56.5 in February of 2021 from 57 in January and well below market forecasts of 58.1. The reading pointed to the slowest gain in manufacturing activity in 3 months. Growth in output and new orders remained historically strong although an unprecedented deterioration in vendor performance amid substantial supply chain disruption led to a marked increase in cost burdens. The fastest rise in input prices for almost a decade was met by only a modest increase in charges as firms sought to maintain competitiveness. Meanwhile, pressure on capacity pushed firms to hire more staff, as employment rose at the steepest rate since March 2018. Manufacturers were upbeat regarding the outlook for output over the coming year, amid new order growth and hopes of a successful vaccine roll-out.
2021-03-01
Czech Republic Factory Activity Growth Remains Strong
The IHS Markit Czech Republic Manufacturing PMI came in at 57 in January of 2021 matching December's figure and beating market expectations of 55.7. The latest reading pointed to the fifth straight month of growth in factory activity and the strongest since April of 2018. The overall expansion was supported by a sharper upturn in production and a steep rise in new orders. New export orders also increased, although at a softer pace, linked to access to new markets and solid demand from existing clients. Still, there was another marked deterioration in supplier delivery times and to the greatest extent since last April, due to raw material shortages, greater demand for inputs and transportation issues. Looking ahead, business optimism strengthened and reached the highest for two-and-a-half years, buoyed by strong client demand and hopes of an end to the pandemic during 2021.
2021-02-01
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 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.