Total Industry Production Excluding Construction for the Czech Republic
Annual
PRINTO01CZA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.61
Year-over-Year Change
33.03%
Date Range
1/1/1990 - 1/1/2018
Summary
The 'Annual' economic trend measures the annual production index for manufacturing in the Czech Republic. This metric provides insight into the overall health and performance of the Czech manufacturing sector, which is a crucial component of the country's economy.
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 Annual production index for manufacturing in the Czech Republic is a composite indicator that tracks the volume of output from the country's manufacturing industries on a yearly basis. It is an important barometer of economic activity and industrial productivity, used by economists and policymakers to assess the strength and competitiveness of the Czech manufacturing sector.
Methodology
The data for this trend is collected through surveys of manufacturing companies in the Czech Republic and calculated as an index based on the base year.
Historical Context
The Annual production index helps inform economic and industrial policies aimed at supporting the Czech manufacturing sector and strengthening the country's global competitiveness.
Key Facts
- The Annual production index for Czech manufacturing has a base year of 2015.
- Manufacturing accounts for over 30% of the Czech Republic's GDP.
- The Czech Republic is a major exporter of machinery, vehicles, and other manufactured goods.
FAQs
Q: What does this economic trend measure?
A: The Annual production index measures the annual volume of output from the manufacturing industries in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and performance of the Czech manufacturing sector, which is a critical driver of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing companies in the Czech Republic and calculated as an index based on the base year.
Q: How is this trend used in economic policy?
A: The Annual production index helps inform economic and industrial policies aimed at supporting the Czech manufacturing sector and strengthening the country's global competitiveness.
Q: Are there update delays or limitations?
A: The data for this trend is published on an annual basis, so there may be a delay in the most recent figures.
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Citation
U.S. Federal Reserve, Annual (PRINTO01CZA661N), retrieved from FRED.