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.