Production: Manufacturing: Total Manufacturing for Czech Republic
CZEPRMNTO01GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.29
Year-over-Year Change
-120.80%
Date Range
1/1/1992 - 1/1/2025
Summary
The 'Production: Manufacturing: Total Manufacturing for Czech Republic' metric measures the output of the Czech Republic's entire manufacturing sector, providing a broad indicator of the nation's industrial activity and economic health.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the total volume of manufacturing production in the Czech Republic, including all subsectors such as chemicals, machinery, automotive, and more. It is a key barometer used by economists and policymakers to assess the strength of the country's industrial base and overall economic momentum.
Methodology
The data is collected through surveys of manufacturing firms and aggregated by the Czech Statistical Office.
Historical Context
Monitoring this metric helps inform decisions around monetary, fiscal, and industrial policies in the Czech Republic.
Key Facts
- The Czech Republic is a major manufacturing hub in Central Europe.
- Manufacturing accounts for over 30% of the Czech economy.
- This metric dates back to 1993 after the dissolution of Czechoslovakia.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total volume of manufacturing production in the Czech Republic, providing a broad indicator of the nation's industrial activity and economic health.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this manufacturing production metric is crucial for economists and policymakers to assess the strength of the Czech industrial base and overall economic momentum.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms and aggregated by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: Tracking this metric helps inform monetary, fiscal, and industrial policy decisions in the Czech Republic.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with minimal delays, providing timely insights into the Czech manufacturing sector.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Total Manufacturing for Czech Republic (CZEPRMNTO01GYSAQ), retrieved from FRED.