Industrial output in the Czech Republic slumped by 3.8% year-on-year in April of 2022, following a revised 1.3% fall in the previous month and compared with market expectations of a 1.8% drop. It marks the third consecutive month of falling industrial activity and at a stronger pace, mainly due to a high comparison basis with April last year when Covid-19 restrictions ended. Output shrank in manufacturing (-4% vs -2.1% in March), notably the manufacture of motor vehicles (-15.7%) and other transport equipment (-28.2%); and electricity, gas, stream and air conditioning supply (-2.7% vs 4.5%), influenced by high consumption of gas last year, which was caused by the extraordinarily cold weather. Meanwhile, mining activity ticked up 0.1%, slowing sharply from a 6.7% rise in the prior month. On a seasonally adjusted monthly basis, industrial production went down 0.8% in April, following a downwardly revised 1.8% rise in the previous month. source: Czech Statistical Office

Industrial Production in Czech Republic averaged 3.04 percent from 2001 until 2022, reaching an all time high of 55.04 percent in April of 2021 and a record low of -34.61 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 June of 2022.

Industrial Production in Czech Republic is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Industrial Production is projected to trend around 3.80 percent in 2023 and 3.10 percent in 2024, according to our econometric models.

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Czech Republic Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-05-09 07:00 AM Mar 0.4% -0.3% -2.6% -0.8%
2022-06-06 07:00 AM Apr -3.8% -1.3% -1.8% 1.6%
2022-07-07 07:00 AM May -3.8%


Related Last Previous Unit Reference
Business Confidence 103.10 107.00 points Jun 2022
Manufacturing PMI 52.30 54.40 points May 2022
Industrial Production Mom -0.80 1.80 percent Apr 2022
Industrial Production -3.79 -1.31 percent Apr 2022
Manufacturing Production -4.00 -2.10 percent Apr 2022
New Orders 100.55 103.30 points Apr 2022
Changes in Inventories 89.95 80.13 CZK Billion Mar 2022
Mining Production 0.10 6.70 percent Apr 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-3.79 -1.31 55.04 -34.61 2001 - 2022 percent Monthly
2015=100, WDA

News Stream
Czech April Industrial Output Falls More than Expected
Industrial output in the Czech Republic slumped by 3.8% year-on-year in April of 2022, following a revised 1.3% fall in the previous month and compared with market expectations of a 1.8% drop. It marks the third consecutive month of falling industrial activity and at a stronger pace, mainly due to a high comparison basis with April last year when Covid-19 restrictions ended. Output shrank in manufacturing (-4% vs -2.1% in March), notably the manufacture of motor vehicles (-15.7%) and other transport equipment (-28.2%); and electricity, gas, stream and air conditioning supply (-2.7% vs 4.5%), influenced by high consumption of gas last year, which was caused by the extraordinarily cold weather. Meanwhile, mining activity ticked up 0.1%, slowing sharply from a 6.7% rise in the prior month. On a seasonally adjusted monthly basis, industrial production went down 0.8% in April, following a downwardly revised 1.8% rise in the previous month.
2022-06-06
Czech Republic Industrial Output Rebounds Slightly
Industrial output in the Czech Republic went up 0.4 percent year-on-year in March of 2022, following a 0.3 percent decline in the previous month and compared with market expectations of a 2.6 percent fall. Main upward pressure came from mining and quarrying (6.9 percent vs 7.1 percent in February) and electricity, gas, steam, and air conditioning (4.2 percent vs -6.6 percent). On the other hand, manufacturing output declined slightly (-0.2 percent vs 0.4 percent), weighed down by production of motor vehicles, trailers and semi-trailers, and manufacture of rubber and plastic products. On a seasonally adjusted monthly basis, industrial production increased 2.6 percent in March, rebounding from a 2.4 percent drop in the prior month.
2022-05-09
Czech February Industrial Production Unexpectedly Falls
Industrial output in the Czech Republic fell by 0.3% year-on-year in February of 2022, following an upwardly revised 1.2% increase in the previous month and market expectations of a 1.5% increase. Output fell for electricity, gas, steam, and air conditioning (-6.6% vs -3.8% in January), partially due to warmer weather. Production also decreased for motor vehicles, trailers, and semi-trailers (-9.3% vs -3.1%), wood and products of wood and cork (-6.9% vs -11.7%), and rubber (-2.7% vs -2.6%). On the other hand, output picked up for mining and quarrying (7.1% vs 0.9%). On a seasonally adjusted monthly basis, industrial production fell by 2.5% in February, following an upwardly revised 3.3% increase in the prior month.
2022-04-06