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.