Industrial production in the Czech Republic surged 55.1 percent from a year earlier in April of 2021, following a downwardly revised 14.1 percent rise in the prior month and beating market expectations of a 52.5 percent jump. It was the fastest growth in industrial activity since the series began in January of 2001, largely due to a low base year effect as output shrank at a record pace in the same period in 2020 because of the coronavirus pandemic. Main increases were seen in the manufacture of motor vehicles, trailers and semi-trailers (446.5%), manufacture of rubber and plastic products (101.8%) and manufacture of electrical equipment (64.0%). On a monthly basis, industrial activity rose 1.9 percent, after a downwardly revised 2.6 percent rise in the prior month. source: Czech Statistical Office

Industrial Production in Czech Republic averaged 3.07 percent from 2001 until 2021, reaching an all time high of 55.10 percent in April of 2021 and a record low of -34.60 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 June of 2021.

Industrial Production in Czech Republic is expected to be 11.80 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 4.50 in 12 months time. In the long-term, the Czech Republic Industrial Production is projected to trend around 3.80 percent in 2022 and 3.10 percent in 2023, according to our econometric models.

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Czech Republic Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
55.10 14.10 55.10 -34.60 2001 - 2021 percent Monthly
2015=100, WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-12 08:00 AM Jan 0.9% 2.5% 0.6% 0.5%
2021-04-08 07:00 AM Feb -2.6% 0.3% 0.5% 1.2%
2021-05-07 07:00 AM Mar 14.9% -2.6% 11.4% 7.7%
2021-06-07 07:00 AM Apr 55.1% 14.1% 52.5% 47%
2021-07-07 07:00 AM May 55.1% 19.3%
2021-08-06 07:00 AM Jun 11.8%
2021-09-06 07:00 AM Jul
2021-10-07 07:00 AM Aug


News Stream
Czech Industrial Production Growth Beats Estimates
Industrial production in the Czech Republic surged 55.1 percent from a year earlier in April of 2021, following a downwardly revised 14.1 percent rise in the prior month and beating market expectations of a 52.5 percent jump. It was the fastest growth in industrial activity since the series began in January of 2001, largely due to a low base year effect as output shrank at a record pace in the same period in 2020 because of the coronavirus pandemic. Main increases were seen in the manufacture of motor vehicles, trailers and semi-trailers (446.5%), manufacture of rubber and plastic products (101.8%) and manufacture of electrical equipment (64.0%). On a monthly basis, industrial activity rose 1.9 percent, after a downwardly revised 2.6 percent rise in the prior month.
2021-06-07
Czech Industrial Production Rises More than Expected
Industrial production in the Czech Republic jumped 14.9 percent from a year earlier in March of 2021, rebounding from a 2.6 percent drop in the previous month and above market expectations of an 11.4 percent gain. It was the biggest gain in industrial activity since the series began in 2001, as manufacturing production rebounded sharply (16 percent vs -3.1 percent in February) and output of electricity, gas, steam and air conditioning supply advanced faster (9 percent vs 1.5 percent). Also, production of mining & quarrying decreased less (-2.7 percent vs -2.9 percent). On a monthly basis, industrial activity rose 3.2 percent. Considering the first quarter of the year, industrial production advanced 4.1 percent.
2021-05-07
Czech Industrial Output Unexpectedly Falls in February
Czech industrial output fell 2.6 percent from a year earlier in February 2021, following a downwardly revised 0.3 percent rise in the previous month and against market expectations of a 0.5 percent increase. It was the fastest decline in industrial activity since last August amid coronavirus restrictions as the pandemic worsened. Production fell for manufacturing (-3.1 percent vs 0.1 percent in January) and mining (-2.9 percent vs -3.7 percent). Meantime, output slowed for electricity, gas, steam and air conditioning supply (1.5 percent vs 2.3 percent). On a seasonally adjusted basis, industrial output shrank 2 percent, the most since last April.
2021-04-08
Czech Industrial Production Rises More than Expected
Czech industrial output rose 0.9 percent from a year earlier in January 2021, following a 2.5 percent advance in the previous month and above the market expectations of a 0.6 percent growth. There were increases in the production of fabricated metal products (4.2 percent), chemicals and chemical products (9.7 percent) and electrical equipment (4 percent). In contrast, output declined for manufacture of beverages (-20.7 percent), food products(-6 percent) and repair and installation of machinery and equipment (-10.1 percent). On a seasonally adjusted basis, industrial output decreased 0.4 percent in January.
2021-03-12

Czech Republic Industrial Production
In Czech Republic, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.