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. source: Markit Economics

Manufacturing PMI in Czech Republic averaged 52.95 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 June of 2022.

Manufacturing PMI in Czech Republic is expected to be 52.20 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 52.30 54.40 points May 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
52.30 54.40 62.70 35.10 2011 - 2022 points Monthly
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News Stream
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
Czech Republic Manufacturing PMI at 16-Month Low
The S&P Global Czech Republic PMI posted 54.7 in March of 2022, down from 56.5 in February, to signal the slowest improvement in the health of the Czech manufacturing sector since November 2020. Driving the slowdown in overall growth was a renewed decline in production, down for the first time since October 2021. Also, new orders fell marginally to end a four-month sequence of growth and new orders from abroad contracted at the fastest pace since July 2020, as customer interest waned amid the war in Ukraine and soaring prices and firms also mentioned the loss of key export markets as a result of the war. Input prices rose at the fastest pace for four months, and at a near-record rate. Employment continued to rise, albeit at the slowest pace since October 2021 as backlogs of work grew only fractionally. Weak demand conditions, uncertainty regarding hikes in input costs and the war in Ukraine dampened business optimism, with the overall level of confidence at a 22-month low.
2022-04-01