Skyline of Prague, Czech Republic

Czech Republic PMI February 2024

Czech Republic: Czech republic manufacturing PMI shows signs of improvement

The Czech Republic Manufacturing Purchasing Managers’ Index (PMI) rose to 44.3 in February from 43.0 in January, showing a slight improvement since last month. As a result, the index remained below the 50.0 no-change threshold, but signaled a softer deterioration in manufacturing sector operating conditions compared to the previous month.

This improvement was primarily due to a slower pace of reduction in output and new orders. Despite this, both domestic and external demand conditions remained significantly subdued, leading firms to continue reducing their employment, purchasing, and stock holdings in efforts to decrease expenses.

On the price front, input costs for Czech manufacturers rose for the first time in a year, while selling prices fell for the tenth consecutive month. Lastly, business sentiment in the manufacturing sector improved significantly, reaching its highest level in almost a year.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest