Latest reading: Industrial output—excluding energy—nosedived 6.6% in month-on-month seasonally adjusted terms in July, which contrasted June’s 7.3% increase. The result...
Industrial Production in Czech Republic
The Czech economy recorded an average industrial production growth rate of 1.9% in the decade to 2024. In 2024, industrial production growth was -1.1%. For more industry information, visit our dedicated page.
Czech Republic Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Czech Republic from 2024 to 2020.
Source: Macrobond.
Czech Republic Industry Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -7.0 | 6.4 | 2.1 | -0.8 | -1.1 |
Industrial output decline softens in June
Latest reading: Industrial output dropped 1.1% in month-on-month seasonally adjusted terms in June, which was above May's 1.6% decrease. The smaller drop was due to a rebound in manufacturing output and a softer decline in mining. In contrast, energy supply fell heavily. On an annual calendar-adjusted basis, factory output rose 0.2% in June, which was below May’s 2.2% expansion, and marked the worst result since January 2025. Meanwhile, the trend improved slightly, with the annual average variation of industrial production coming in at 0.1% in June, contrasting May's minus 0.1%.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Czech industry projections for the next ten years from a panel of 16 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Czech industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Czech industry projections.
Want to get access to the full dataset of Czech industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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