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. source: Czech Statistical Office
Industrial Production in Czech Republic averaged 2.81 percent from 2001 until 2021, reaching an all time high of 14.50 percent in February of 2007 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 April of 2021.
Industrial Production in Czech Republic is expected to be 16.50 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 4.00 in 12 months time. In the long-term, the Czech Republic Industrial Production is projected to trend around 3.10 percent in 2022, according to our econometric models.