The IHS Markit Czech Republic Manufacturing PMI rose to 59.1 in December of 2021 from 57.1 in the previous month and above market expectations of 57.1. The latest data signalled the strongest improvement in the health of the Czech manufacturing sector since August, amid faster expansions in output, new orders and employment. At the same time, vendor performance deteriorated at the softest pace for 10 months. In response, the rate of input inflation softened to the lowest in nine months, but selling prices continued to rise markedly. Looking ahead, output expectations rose to their highest for four months, reflecting hopes of a further uptick in client demand and minimal disruption to operations following the latest COVID-19 outbreak. source: Markit Economics
Manufacturing PMI in Czech Republic averaged 52.85 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 January of 2022.
Manufacturing PMI in Czech Republic is expected to be 54.80 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 2023 and 52.10 points in 2024, according to our econometric models.