The IHS Markit Czech Republic Manufacturing PMI came in at 57 in January of 2021 matching December's figure and beating market expectations of 55.7. The latest reading pointed to the fifth straight month of growth in factory activity and the strongest since April of 2018. The overall expansion was supported by a sharper upturn in production and a steep rise in new orders. New export orders also increased, although at a softer pace, linked to access to new markets and solid demand from existing clients. Still, there was another marked deterioration in supplier delivery times and to the greatest extent since last April, due to raw material shortages, greater demand for inputs and transportation issues. Looking ahead, business optimism strengthened and reached the highest for two-and-a-half years, buoyed by strong client demand and hopes of an end to the pandemic during 2021. source: Markit Economics
Manufacturing PMI in Czech Republic averaged 52.22 points from 2011 until 2021, reaching an all time high of 59.80 points in December of 2017 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 February of 2021.
Manufacturing PMI in Czech Republic is expected to be 50.10 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 51.00 in 12 months time. In the long-term, the Czech Republic Manufacturing PMI is projected to trend around 52.10 points in 2022, according to our econometric models.