The IHS Markit Czech Republic Manufacturing PMI fell to 49 in June of 2022, from 52.3 in the prior month, worse than market estimates of 51.5. The latest reading pointed to the first contraction in the country's manufacturing sector since August of 2020, albeit only marginally. Output fell at the fastest pace since May of 2020 as the rate of decline in new orders was sharp and the quickest for two years, with inflation and supplier delays weighing on client demand. New export orders also decreased significantly, reflecting inflationary pressures in international markets. Employment shrank for the first time since September of 2020 and purchasing activity went down. On the price front, the rate of input cost inflation remained historically elevated in June, despite slowing to a 16-month low. The rate of charge inflation was also the softest in a year. Looking forward, business sentiment slipped to the second-lowest in two years in June, due to concerns over prices. source: Markit Economics

Manufacturing PMI in Czech Republic averaged 52.92 points from 2011 until 2022, 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 July of 2022.

Manufacturing PMI in Czech Republic is expected to be 50.60 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 52.90 points in 2023 and 53.00 points in 2024, according to our econometric models.

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Czech Republic Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 49.00 52.30 points Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
49.00 52.30 62.70 35.10 2011 - 2022 points Monthly
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News Stream
Czech Republic Factory Activity Unexpectedly Contracts
The IHS Markit Czech Republic Manufacturing PMI fell to 49 in June of 2022, from 52.3 in the prior month, worse than market estimates of 51.5. The latest reading pointed to the first contraction in the country's manufacturing sector since August of 2020, albeit only marginally. Output fell at the fastest pace since May of 2020 as the rate of decline in new orders was sharp and the quickest for two years, with inflation and supplier delays weighing on client demand. New export orders also decreased significantly, reflecting inflationary pressures in international markets. Employment shrank for the first time since September of 2020 and purchasing activity went down. On the price front, the rate of input cost inflation remained historically elevated in June, despite slowing to a 16-month low. The rate of charge inflation was also the softest in a year. Looking forward, business sentiment slipped to the second-lowest in two years in June, due to concerns over prices.
2022-07-01
Czech Republic Manufacturing PMI Growth Eases to 18-Month Low
The IHS Markit Czech Republic Manufacturing PMI fell to 52.3 in May of 2022, from 54.4 in the prior month, worse than the forecast of 53.8. The latest reading indicated a substantial gain in the soundness of the Czech manufacturing sector, albeit the slowest since October 2020, amid a further contraction in new orders, inflationary pressures, and the softest upturn in employment since October 2021. However, there was a continued rise in output, but the pace of increase was smooth amid material shortages and weaker client demand. Meanwhile, companies increased stocks of finished goods. On the price front, inflationary pressures remained considerable, pushed higher by material shortages. Finally, output expectations remained upbeat in May as more firms anticipated increases in output over the coming year. However, participants were concerned by inconsistent supply chains and the confict in Ukraine.
2022-06-01
Czech Republic Factory Growth at Near 1-1/2-Low
The IHS Markit Czech Republic Manufacturing PMI fell to 54.4 in April of 2022, from 54.7 in the prior month, slightly above market forecasts of 53.5. The latest reading indicated a solid improvement in the health of the Czech manufacturing sector, albeit the slowest since November 2020 amid a further contraction in new orders and the softest upturn in employment since October 2021. However, there was a renewed rise in output, but the pace of increase was only marginal amid material shortages and weaker client demand. Meanwhile, firms stepped up their input buying to counteract the use of stocks to supplement production. On the price front, inflationary pressures remained substantial. Finally, output expectations picked up in April as more firms anticipated increases in output over the coming year. The degree of confidence was relatively subdued, however, amid concerns regarding the impact of price rises on demand.
2022-05-02