The S&P Global Czech Republic Manufacturing dropped to 41.7 in October of 2022 from a 44.7 figure in the previous month, and well below market expectations of 44.3. The latest reading pointed to the biggest contraction in factory activity since May of 2020, with new orders contracting the most since April of 2020. New export orders fell at the quickest pace in almost two-and-a-half years. On the price front, input costs rose further and faster pace but among the slowest in almost two years as higher cost burdens were linked to greater material and energy prices. Meanwhile, output charges rose at the slowest pace since April 2021 in October as firms continued to make efforts to remain competitive despite cost hikes. Looking ahead, Sentiment fell further into pessimism and was the weakest since April 2020 due to rising costs, reduced customer purchasing power and weak demand. source: Markit Economics

Manufacturing PMI in Czech Republic averaged 52.68 points from 2011 until 2022, reaching an all time high of 62.70 points in June of 2021 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 November of 2022.

Manufacturing PMI in Czech Republic is expected to be 51.40 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Manufacturing PMI is projected to trend around 52.90 points in 2023 and 53.00 points in 2024, according to our econometric models.

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Czech Republic Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 41.70 44.70 points Oct 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
41.70 44.70 62.70 35.10 2011 - 2022 points Monthly
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News Stream
Czech Republic Manufacturing PMI Falls to Lowest Since May 2020
The S&P Global Czech Republic Manufacturing dropped to 41.7 in October of 2022 from a 44.7 figure in the previous month, and well below market expectations of 44.3. The latest reading pointed to the biggest contraction in factory activity since May of 2020, with new orders contracting the most since April of 2020. New export orders fell at the quickest pace in almost two-and-a-half years. On the price front, input costs rose further and faster pace but among the slowest in almost two years as higher cost burdens were linked to greater material and energy prices. Meanwhile, output charges rose at the slowest pace since April 2021 in October as firms continued to make efforts to remain competitive despite cost hikes. Looking ahead, Sentiment fell further into pessimism and was the weakest since April 2020 due to rising costs, reduced customer purchasing power and weak demand.
2022-11-01
Czech Republic Manufacturing PMI the Lowest since May 2020
The S&P Global Czech Republic Manufacturing PMI fell to 44.7 in September of 2022 from 46.8 in August, pointing to the biggest contraction in factory activity since May of 2020, and worse than market forecasts of 46. Faster contractions in production and new orders and further hikes in selling prices dampened domestic and foreign customer spending. Meanwhile, the rate of input cost inflation quickened slightly, amid energy and material price hikes and output charges also rose at a historically elevated pace as firms sought to pass on cost burdens. At the same time, backlogs of work declined steeply as firms expanded their workforce numbers for the first time since May. Business sentiment into negative territory for the first time in over two years as weak client demand weighed on business expectations.
2022-10-03
Czech Republic Manufacturing Activity Shrinks for 3rd Month
The S&P Global Czech Republic Manufacturing PMI was unchanged at 46.8 in August of 2022, signalling another decline in the manufacturing activity, as output and new orders contracted further. At the same time, supplier disruption eased as lead time lengthened to the smallest extent since September 2020. Less marked supplier delays were in part behind a slower rise in input prices. Cost burdens and output charges increased at the softest rates since December 2020 and May 2021 respectively. Also, the degree of confidence was among the weakest in two-and-a-half years amid concerns regarding the war in Ukraine, inflation and weak demand.
2022-09-01