Industrial production in the Czech Republic declined 5.5 percent over a year earlier in August 2020, following a 5 percent fall in the previous month and compared with market expectations of a 2.8 percent drop. Output decreased further in manufacturing (-5.6 percent from -5 percent in July) and mining & quarrying (-24.5 percent from -25.4 percent). Additionally, production of electricity, gas, steam and air conditioning supply fell (-0.7 percent from 0.4 percent). On a seasonally adjusted monthly basis, industrial production went down 0.9 percent, after a 5.7 percent gain in the prior month.

Industrial Production in Czech Republic averaged 2.84 percent from 2001 until 2020, reaching an all time high of 14.50 percent in February of 2007 and a record low of -35.10 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 October of 2020. source: Czech Statistical Office

Industrial Production in Czech Republic is expected to be -3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Czech Republic to stand at 5.50 in 12 months time. In the long-term, the Czech Republic Industrial Production is projected to trend around 4.00 percent in 2021 and 3.10 percent in 2022, according to our econometric models.

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Czech Republic Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-5.50 -5.00 14.50 -35.10 2001 - 2020 percent Monthly
2015=100, WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-07 07:00 AM May -25.7% -33.7% -21.5% -25%
2020-08-06 07:00 AM Jun -11.9% -25.7% -14.3% -14.5%
2020-09-07 07:00 AM Jul -5% -10.5% -6.8% -6.5%
2020-10-07 07:00 AM Aug -5.5% -5% -2.8% -3.9%
2020-11-06 08:00 AM Sep -5.5% -6.2%
2020-12-08 08:00 AM Oct


News Stream
Czech Industrial Output Drops More than Expected in August
Industrial production in the Czech Republic declined 5.5 percent over a year earlier in August 2020, following a 5 percent fall in the previous month and compared with market expectations of a 2.8 percent drop. Output decreased further in manufacturing (-5.6 percent from -5 percent in July) and mining & quarrying (-24.5 percent from -25.4 percent). Additionally, production of electricity, gas, steam and air conditioning supply fell (-0.7 percent from 0.4 percent). On a seasonally adjusted monthly basis, industrial production went down 0.9 percent, after a 5.7 percent gain in the prior month.
2020-10-07
Czech Industrial Output Falls Less than Expected
Industrial production in the Czech Republic fell 5 percent year-on-year in July of 2020, following a downwardly revised 10.5 percent slump in the prior month and compared with market expectations of a 6.8 percent fall. Output decreased less for manufacturing (-5 percent vs -11.2 percent in June) but plunged further for mining & quarrying (-25.4 percent vs -23.9 percent). Meantime, production went up for electricity, gas, steam and air conditionong supply (0.4 percent vs 0.5 percent). On a seasonally adjusted monthly basis, industrial production rose 5.7 percent, after an upwardly revised 15.5 percent jump in the previous month.
2020-09-07
Czech Industrial Output Drops Less than Expected
Industrial production in the Czech Republic dropped 11.9 percent year-on-year in June of 2020, following a 25.7 percent slump in the previous month and compared to market expectations of a 14.3 percent fall. Output fell less for manufacturing (-12.8 percent vs -26.7 percent in May) and electricity, gas, steam and air conditioning supply rebounded (0.1 percent vs -17.2 percent). On the other hand, mining & quarrying production fell faster (-24.4 percent vs -20.5 percent). On a seasonally adjusted monthly basis, industrial output rose 13.4 percent, following a 13.9 percent increase in May. Considering the second quarter of 2020, industrial output went down 18.7 percent from the previous period and fell 23.7 percent from a year earlier.
2020-08-06
Czech Industrial Output Falls More than Expected
Industrial production in the Czech Republic tumbled 25.7 percent year-on-year in May of 2020, following a record 33.7 drop in the previous month and worse than market expectations of a 21.5 percent fall. Output fell at a softer pace for manufacturing (-26.7 percent vs -35.5 percent in April); electricity, gas, steam & air conditioning supply (-17.2 percent vs -19.2 percent) and mining & quarrying (-20.4 percent vs -21.9 percent). On a seasonally adjusted monthly basis, industrial output rose 1.4 percent, after dropping a downwardly revised 23.2 percent in April.
2020-07-07

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.