The IHS Markit Czech Republic Manufacturing PMI fell to 58 in September of 2021 from 61 in August, pointing to the slowest growth in factory activity in 6 months. The overall upturn was supported by solid expansions in output and new orders, although rates of growth softened. As a result, business confidence dropped to a ten-month low amid concerns of a future fall in demand due to material shortages in client industries. A sustained rise in new sales and greater production requirements led to a further need for increased employment. The rise in workforce numbers relieved some pressure on capacity, as backlogs of work rose at the slowest pace for six months. On the price front, firms registered marked increases in input costs and output charges. That said, rates of inflation eased from the highs seen earlier in the year. source: Markit Economics
Manufacturing PMI in Czech Republic averaged 52.74 points from 2011 until 2021, reaching an all time high of 62.70 points in June of 2021 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 October of 2021.
Manufacturing PMI in Czech Republic is expected to be 59.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Manufacturing PMI is projected to trend around 53.50 points in 2022 and 52.10 points in 2023, according to our econometric models.