Industrial production in the Czech Republic slipped by 4 percent from a year earlier in September of 2021, after a 1.4 percent fall in August and more than an expected 0.9 percent decrease. It was the second straight month of falling industrial activity and at the steepest pace since June of 2020, led by manufacturing (-4.8 percent vs -1 percent in August), as the automotive sector plunged by 33.5 percent, amid the ongoing global shortage of semiconductors. Meanwhile, production increased for mining (6.9 percent vs 10.2 percent) and electricity, gas, steam and air conditioning supply (2.2 percent vs -6.6 percent). On a seasonally adjusted monthly basis, industrial production shrank 3.3 percent, the most since April of 2020. Considering the third quarter of 2021, industrial activity was 0.2 percent higher when compared with the same period a year ago, but it was 1.7 percent lower compared with the previous quarter. source: Czech Statistical Office

Industrial Production in Czech Republic averaged 3.16 percent from 2001 until 2021, reaching an all time high of 54.20 percent in April of 2021 and a record low of -34.60 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 November of 2021.

Industrial Production in Czech Republic is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Industrial Production is projected to trend around 3.80 percent in 2022 and 3.10 percent in 2023, according to our econometric models.

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Czech Republic Industrial Production


Calendar GMT Actual Previous Consensus TEForecast
2021-10-07 07:00 AM Aug -1.4% 6.8% 2.6% 4%
2021-11-08 08:00 AM Sep -4% -1.4% -0.9% -0.5%
2021-12-07 08:00 AM Oct -4% -5.3%


Related Last Previous Unit Reference
Business Confidence 96.20 94.70 points Nov/21
Manufacturing PMI 55.10 58.00 points Oct/21
Industrial Production Mom -3.30 -3.20 percent Sep/21
Industrial Production -4.00 -1.40 percent Sep/21
Manufacturing Production -4.80 -1.00 percent Sep/21
New Orders 98.82 105.94 points Sep/21
Changes in Inventories 35.07 47.37 CZK Billion Jun/21
Mining Production 6.90 10.20 percent Sep/21

News Stream
Czech Republic Industrial Output Falls More than Expected
Industrial production in the Czech Republic slipped by 4 percent from a year earlier in September of 2021, after a 1.4 percent fall in August and more than an expected 0.9 percent decrease. It was the second straight month of falling industrial activity and at the steepest pace since June of 2020, led by manufacturing (-4.8 percent vs -1 percent in August), as the automotive sector plunged by 33.5 percent, amid the ongoing global shortage of semiconductors. Meanwhile, production increased for mining (6.9 percent vs 10.2 percent) and electricity, gas, steam and air conditioning supply (2.2 percent vs -6.6 percent). On a seasonally adjusted monthly basis, industrial production shrank 3.3 percent, the most since April of 2020. Considering the third quarter of 2021, industrial activity was 0.2 percent higher when compared with the same period a year ago, but it was 1.7 percent lower compared with the previous quarter.
2021-11-08
Czech Republic Industrial Output Unexpectedly Falls
Industrial production in the Czech Republic shrank by 1.4 percent from a year earlier in August of 2021, after a downwardly revised 6.8 percent growth in the prior month and against market expectations of a 2.6 percent increase. It was the first decline in industrial activity since February, mainly influenced by unplanned extended holidays in the car industry amid the global shortage of microchips and planned temporary shutdowns in the energy sector. Conversely, production increased in most of industrial activities, notably the manufacture of machinery and equipment (11.3 percent), fabricated metal products (6.0 percent) and electrical equipment (7.1 percent). On a seasonally adjusted monthly basis, industrial production slumped 3.2 percent, the most since April of 2020, following a downwardly revised 1.9 percent rise in July.
2021-10-07
Czech Industrial Output Growth Beats Forecasts
Industrial production in the Czech Republic rose by 7 percent from a year earlier in July of 2021, after a downwardly revised 11.1 percent growth in the prior month and above market expectations of a 5 percent increase. It was the fifth straight month of rising industrial activity, partially influenced by a lower comparison basis but also due to increased demand for some products of manufacturing, such as steel. Among sectors, production grew in mining & quarrying (24 percent vs 11.7 percent in June); manufacturing (6.8 percent vs 12.8 percent), namely fabricated metal products (14.5 percent) and basic metals (28.1 percent); and electricity, gas, steam and air conditioning supply (5.3 percent vs -5 percent). On a seasonally adjusted monthly basis, industrial production inched up 2.1 percent, the most in four months.
2021-09-06

Czech Republic Industrial Production
In Czech Republic, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.