Czech industrial production growth slowed sharply to 0.4 percent year-on-year in November 2020 from 1.3 percent in the previous month and below market expectations of 1.5 percent. Output rose for motor vehicles, trailers and semi-trailers (3.6 percent), chemicals and chemical products (12.0 percent), and other non-metallic mineral products (8.0 percent). Meanwhile, production decreased for machinery and equipment (-4.5 percent), beverages (-19.9 percent), and repair and installation of machinery and equipment (-8.2 percent). source: Czech Statistical Office
Industrial Production in Czech Republic averaged 2.81 percent from 2001 until 2020, reaching an all time high of 14.50 percent in February of 2007 and a record low of -35.10 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 January of 2021.
Industrial Production in Czech Republic is expected to be 3.70 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.