The IHS Markit Czech Republic Manufacturing PMI fell to a four-month low of 61.0 in August 2021, from 62.0 in the previous month but slightly above market consensus of 60.9. Still, the latest reading suggested the health of the sector strengthened at one of the fastest rates on record. Production growth was constrained by capacity shortages and severe delays in raw material deliveries, while new orders rose at a faster pace with new export orders increasing by the most since October 2017. In addition, the rate of accumulation in outstanding business was the steepest since data collection for the series began in January 2003 and the rate of job creation was strong overall. On the price front, input cost inflation was among the quickest on record and the rate of charge inflation matched July's record-breaking pace. Finally, the degree of confidence regarding the outlook for output over the coming year reached the highest since June 2018. source: Markit Economics

Manufacturing PMI in Czech Republic averaged 52.69 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 September of 2021.

Manufacturing PMI in Czech Republic is expected to be 55.50 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.

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Czech Republic Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
61.00 62.00 62.70 35.10 2011 - 2021 points Monthly
SA


News Stream
Czech Manufacturing PMI Eases to 4-Month Low
The IHS Markit Czech Republic Manufacturing PMI fell to a four-month low of 61.0 in August 2021, from 62.0 in the previous month but slightly above market consensus of 60.9. Still, the latest reading suggested the health of the sector strengthened at one of the fastest rates on record. Production growth was constrained by capacity shortages and severe delays in raw material deliveries, while new orders rose at a faster pace with new export orders increasing by the most since October 2017. In addition, the rate of accumulation in outstanding business was the steepest since data collection for the series began in January 2003 and the rate of job creation was strong overall. On the price front, input cost inflation was among the quickest on record and the rate of charge inflation matched July's record-breaking pace. Finally, the degree of confidence regarding the outlook for output over the coming year reached the highest since June 2018.
2021-09-01
Czech Factory Growth Remains Strong in July
The IHS Markit Czech Republic Manufacturing PMI fell to 62 in July of 2021, down slightly from a record high of 62.7 in June and in line with market expectations. Still, the latest reading pointed to the second-quickest improvement in operating conditions across the Czech manufacturing sector since data collection began in June 2001. Output and new orders continued to rise solidly overall, but the rates of expansion softened. Meanwhile, growth of input buying was sharp overall, as manufacturers sought to build safety stocks further. On the price front, inflationary pressures were the strongest on record amid severe input shortages. Finally, business sentiment fell to a five-month low, amid concerns surrounding capacity pressure and supply shortages.
2021-08-02
Czech Factory Growth at New Record High
The IHS Markit Czech Republic Manufacturing PMI rose to a new record high of 62.7 in June of 2021 from 61.8 in the previous month and beating market expectations of 62.0. Stronger client demand and the lifting of restrictions supported the fastest expansion in output in over three years. Both domestic and foreign demand were behind the improvement in new business, which rose the most in three and a half years. On the negative note, there was a historic deterioration in vendor performance amid the largest increase in backlogs of work in over a decade and unprecedented supplier delays, linked to raw material shortages. In response, goods producers expanded their workforces, although some firms noted difficulties in hiring adequate candidates. On the price front, both input and output inflation hit record highs. Finally, optimism among manufacturers regarding the year ahead climbed to a five-month high.
2021-07-01
Czechia Factory Activity at All-Time High
The IHS Markit Czech Republic Manufacturing PMI climbed to a record high of 61.8 in May of 2021 from 58.9 in the previous month, beating market expectations of 59.5. The latest reading was mostly driven by steeper increases in output and new orders, while overall vendor performance deteriorated to the greatest extent in the series amid significant raw material shortages and transportation issues. Subsequently, these setbacks fueled the fastest hike in input prices since mid-2001, which far outpaced the rise in output charges, and further constraints on production capacity led to companies expanding workforce numbers at the quickest pace since February 2018. Considering storage capacity, the stock of purchases expanded the most in three years, while post production inventories continued to dwindle. Finally, output expectations among goods producers improved to a four-month high amid hopes of an end to the COVID-19 pandemic and a sustained rise in client demand.
2021-06-01

Czech Republic Manufacturing PMI
In Czech Republic, the Markit Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 250 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.