Industry in Czech Republic

Czech Republic Industry | Economic News & Forecasts

Czech Republic - Industry

Industrial production decelerates in May

In May, industrial production expanded 2.5% over the same month last year. The reading represented a deceleration compared to the 7.7% increase registered April and came in well below the 5.5% increase the market had expected. May’s result, which marked the slowest pace of expansion since August 2013, reflected a slowdown in manufacturing output and deteriorations in mining and quarrying as well as in electricity, gas and air conditioning supply.

A month-on-month comparison confirms the deceleration suggested by the annual data. In May, industrial production fell a seasonally-adjusted 1.5% over the previous month, which contrasted the 1.0% increase tallied in April.

Despite the slower annual reading, the trend continues to suggest that a recovery in the industrial sector is on its way: annual average growth in industrial production rose from 3.9% in April to 4.3% in May.


FocusEconomics Consensus Forecast panelists expect industrial output to expand 4.7% in 2014, which is up 0.2 percentage points from last month’s forecast. For 2015, panelists expect industrial output to expand 4.4%.

Czech Republic - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-0.1  5.0  4.3  3.4  6.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Czech Republic Industry Chart


CzechRepublic Industry
Note: Annual variation of industrial output in %.
Source: Czech Statistical Office and FocusEconomics calculations.

Czech Republic Facts

ValueChangeDate
Bond Yield2.17-1.85 %Oct 22
Exchange Rate22.48-0.66 %Oct 22
Stock Market1,081-0.10 %Oct 22

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form