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.

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Czech Republic Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
51.90 50.70 59.80 35.10 2011 - 2020 points Monthly
SA


News Stream
Czech Republic Factory Activity Rises the Most in 2 Years
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.
2020-11-02
Czech Republic Factory Activity Rises for 1st Time in Near 2 Years
The IHS Markit Czech Republic Manufacturing PMI increased to 50.7 in September of 2020 from 49.1 in August. The reading pointed to the first growth in factory activity since November of 2018 but below market forecasts of 51.3. Growth was largely driven by a faster increase in production and a return to expansion in new orders, as foreign client demand also picked up. Signs of sufficient capacity led to a further fall in employment, albeit with the rate of job shedding easing to the slowest since June 2019 amid greater new business inflows. As such, output expectations improved to the highest since October 2018 amid hopes of a further strengthening of client demand.
2020-10-01
Czech Republic Factory Activity Falls Only Slightly in August
The IHS Markit Czech Republic Manufacturing PMI increased to 49.1 in August of 2020 from 47 in July, pointing to the smallest contraction in factory activity since December of 2018 and indicating a marginal decline in operating conditions only. The result largely reflected the quickest expansion in output since October 2018, and a slower fall in new order inflows. That said, demand conditions remained challenging, with firms expressing subdued optimism towards future output amid the ongoing coronavirus pandemic. Companies continued to signal excess capacity as backlogs of work fell further. As a result, job shedding was solid overall. Meanwhile, a slower rise in input costs and strong competitive pressures led to a faster fall in selling prices. Business confidence remained historically subdued, however.
2020-09-01
Czech Factory Activity Falls the Least in Over a Year
The IHS Markit Czech Republic Manufacturing PMI rose to 47.0 in July of 2020 from 44.9 in the previous month but below market expectations of 49.5. The reading pointed to the slowest contraction in the country's factory sector in over a year, as output grew for the first time since November of 2018 and the rate of decline in new orders was the softest since January of 2019. Firms continued to cut their workforce numbers as spare capacity remained evident. Regarding prices, the rate of input price inflation was the fastest since May 2019, as suppliers hiked the price of raw materials and essential components. However, firms continued to discount with selling prices falling at a marginal rate that was the slowest in the current seven-month sequence of decline. Finally, output expectations for the year improved to the strongest since October 2018 amid hopes of a recovery following the reopening of many economies.
2020-08-03

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.