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 2025 to 2020.
Source: Macrobond.
Czech Republic Industry Data
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Industrial Production (ann. var. %) | -7.0 | 6.5 | 2.1 | -0.8 | -1.1 |
Industrial production contracts in August
Latest reading: Industrial production declined 1.1% on a seasonally adjusted month-on-month basis in August, following a 0.8% rise in the prior month. Relative to the prior month's data, readings in August softened for manufacturing (-1.3% mom s.a. vs -0.3% in July), electricity, gas, steam and air conditioning supply (+0.9% vs +12.6% in July) and mining and quarrying (-8.1% vs +5.0% in July). In calendar-adjusted year-on-year terms, industrial production was down 1.3% in August, following 1.8% growth in the previous month.
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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Japan: Industrial production contracts again in August Latest reading: Industrial production was down 1.5% on a seasonally adjusted month-on-month basis in August, after declining 1.2% in the... -
Cyprus: Industrial production accelerates in August Latest reading: Industrial production increased 2.4% on a calendar-adjusted year-on-year basis in August, following a 1.6% rise in the previous... -
Latvia: Industrial production loses momentum in August Latest reading: Industrial production was up 2.5% in annual terms in August, following a 9.8% rise in the prior month.... -
Greece: Industrial production contracts in August Latest reading: Industrial production declined 4.1% on a seasonally adjusted month-on-month basis in August, following a 0.4% rise in the... -
Turkey: Industrial production returns to growth in August Latest reading: Industrial production rose 0.5% in seasonally adjusted month-on-month terms in August, following a 1.7% fall in the prior...