The IHS Markit Czech Republic Manufacturing PMI rose to 45.2 in January 2020 from 43.6 in the previous month and above market expectations of 43.6. The reading pointed to the softest pace of contraction in factory activity since June. New orders contracted the least since April, while foreign client demand fell markedly. On the other hand, employment fell at the sharpest pace for over a decade. On the price front, both input prices and output charges fell in January amid reports of successful negotiations with suppliers and efforts to stay competitive. Finally, business confidence remained negative in January, although the highest in four months, with manufacturers expressing uncertainty towards the outlook for output over the next year.

Manufacturing PMI in Czech Republic averaged 52.76 points from 2011 until 2020, reaching an all time high of 59.80 points in December of 2017 and a record low of 43.10 points in July of 2019. 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. source: Markit Economics

Manufacturing PMI in Czech Republic is expected to be 44.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Czech Republic to stand at 48.50 in 12 months time. In the long-term, the Czech Republic Manufacturing PMI is projected to trend around 47.50 points in 2021 and 51.00 points in 2022, according to our econometric models.


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Czech Republic Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
45.20 43.60 59.80 43.10 2011 - 2020 points Monthly
SA


News Stream
Czech Manufacturing PMI Higher than Expected
The IHS Markit Czech Republic Manufacturing PMI rose to 45.2 in January 2020 from 43.6 in the previous month and above market expectations of 43.6. The reading pointed to the softest pace of contraction in factory activity since June. New orders contracted the least since April, while foreign client demand fell markedly. On the other hand, employment fell at the sharpest pace for over a decade. On the price front, both input prices and output charges fell in January amid reports of successful negotiations with suppliers and efforts to stay competitive. Finally, business confidence remained negative in January, although the highest in four months, with manufacturers expressing uncertainty towards the outlook for output over the next year.
2020-02-03
Czech Factory Activity Falls for 13th Month
The IHS Markit Czech Republic Manufacturing PMI edged up to 43.6 in December of 2019 from 43.5 in November, matching market expectations. The reading pointed to the 13th straight month of contraction in factory activity, amid a marked fall in production, which stemmed from weaker domestic and foreign client demand. New orders also declined at one of the fastest rates for a decade and job shedding was the at the sharpest rate since September 2009. Meanwhile, although input prices continued to fall, firms were able to increase their factory gate charges for the third month running. Finally, business confidence also remained historically muted.
2020-01-02
Czech Factory Activity Shrinks More than Expected
The IHS Markit Czech Republic Manufacturing PMI dropped to 43.5 in November of 2019 from 45 in October and well below market expectations of 45. The reading pointed to the 12th straight month of contraction in factory activity and one of the worst performances since mid-2009. Output fell sharply and new business and new export orders also declined as challenging demand conditions reportedly stemmed from ongoing difficulties in the automotive sector, a slowdown in global manufacturing and trade wars. Also, the rate of job shedding was the fastest for over a decade. On the price front, input prices fell for the first time since April of 2016 amid lower demand for inputs and a resulting increase in discounts from suppliers. Nonetheless, manufacturers raised their charges at the quickest pace for six months. Finally, business confidence touched a record low as fears for the broader economy weighed on firms' expectations.
2019-12-02
Czech Manufacturing PMI at 4-Month High
The IHS Markit Czech Republic Manufacturing PMI edged up to 45.0 in October 2019 from 44.9 in the previous month. The reading pointed to the eleventh straight month of contraction in the manufacturing sector but the softest since June. The rate of decline in both new orders and new export eased slightly; while employment fell at fastest rate for almost a decade. On the price front, input costs rose as lower demand for inputs limited supplier pricing power; while output costs increased for the first time since July despite weak demand conditions. Finally, sentiment towards output over the coming year were negative for the first time since December 2012, as hopes of a pick-up in demand waned.
2019-11-01

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.