The IHS Markit Czech Republic Manufacturing PMI increased to 51.9 in October of 2020 from 50.7 in September, pointing to the second straight month of growth in factory activity and the highest in 2 years. The rate of expansion in new business was the sharpest in just over two years, with export orders rising the most since June of 2018. Subsequently, manufacturers increased their workforce numbers, albeit only fractionally. Meanwhile, firms were less upbeat regarding the outlook for output over the coming 12 months, with the degree of confidence slipping to a four-month low. source: Markit Economics
Manufacturing PMI in Czech Republic averaged 52.12 points from 2011 until 2020, 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 November of 2020.
Manufacturing PMI in Czech Republic is expected to be 48.00 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 50.50 in 12 months time. In the long-term, the Czech Republic Manufacturing PMI is projected to trend around 50.00 points in 2021 and 51.00 points in 2022, according to our econometric models.