Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Czechia
CZEPROMANAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.12
Year-over-Year Change
33.01%
Date Range
1/1/1991 - 1/1/2023
Summary
This economic indicator measures the production volume of the manufacturing sector in Czechia, providing insights into the overall economic activity and industrial output of the country.
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
The Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Czechia series represents the monthly index of manufacturing production in the Czech Republic. It is a key metric used by economists and policymakers to gauge the health and performance of the country's industrial sector.
Methodology
The data is collected and calculated by the Czech Statistical Office based on surveys of manufacturing companies.
Historical Context
This production index is widely referenced by analysts and institutions to assess the broader economic conditions and industrial trends in Czechia.
Key Facts
- Czechia is a major manufacturing hub in Central Europe.
- Manufacturing accounts for over 30% of Czechia's GDP.
- The production index is a leading indicator of the country's economic performance.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the monthly production volume of the manufacturing sector in Czechia, providing insights into the overall industrial output and economic activity in the country.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing production index is a key metric used by economists, policymakers, and market analysts to assess the health and performance of Czechia's industrial sector, which is a critical component of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Czech Statistical Office based on surveys of manufacturing companies operating in Czechia.
Q: How is this trend used in economic policy?
A: This production index is widely referenced by analysts and institutions to gauge the broader economic conditions and industrial trends in Czechia, which informs policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The manufacturing production data is typically published with a 1-2 month delay by the Czech Statistical Office, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Czechia (CZEPROMANAISMEI), retrieved from FRED.