The IHS Markit Czech Republic Manufacturing PMI rose to 58 in March of 2021 from 56.5 in the previous month, in line with market expectations. The latest reading pointed to the seventh straight month of expansion in the factory sector and at the sharpest pace since February of 2018. New orders, output and employment increased sharply. Still, there were signs of further intensification in supply chain disruptions as vendor performance deteriorated to the greatest extent on record, with firms stating that transportation delays, COVID-19 restrictions and raw material shortages led to the unprecedented increase in input delivery times. As a result, the rate of input cost inflation hit a record high and the pace of charge inflation was the quickest since January 2008. Finally, business confidence was the second-highest since July 2018, linked to hopes of an end to the pandemic and looser restrictions on business operations. source: Markit Economics
Manufacturing PMI in Czech Republic averaged 52.31 points from 2011 until 2021, 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 April of 2021.
Manufacturing PMI in Czech Republic is expected to be 53.00 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 51.00 in 12 months time. In the long-term, the Czech Republic Manufacturing PMI is projected to trend around 52.10 points in 2022, according to our econometric models.