Production: Manufacturing: Total Manufacturing for Czech Republic

PRMNTO01CZQ657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.92

Year-over-Year Change

-61.08%

Date Range

4/1/1991 - 1/1/2025

Summary

The 'Production: Manufacturing: Total Manufacturing for Czech Republic' trend measures the total volume of manufacturing output in the Czech Republic. It is a key indicator of the health and performance of the Czech manufacturing sector.

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 economic indicator tracks the overall production levels across all manufacturing industries in the Czech Republic. It is used by economists, policymakers, and analysts to assess the strength of the country's industrial base and broader economic conditions.

Methodology

The data is collected through surveys of manufacturing firms and calculated as an index based on production volumes.

Historical Context

Monitoring this trend helps inform policy decisions related to trade, investment, and economic stimulus.

Key Facts

  • The manufacturing sector accounts for over 30% of the Czech Republic's GDP.
  • Manufacturing exports make up more than 80% of the country's total exports.
  • The Czech Republic is a major automotive and machinery producer in Europe.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total volume of manufacturing output in the Czech Republic, providing an overview of the performance and health of the country's industrial sector.

Q: Why is this trend relevant for users or analysts?

A: Monitoring this indicator helps assess the strength of the Czech economy and informs policy decisions related to trade, investment, and economic stimulus.

Q: How is this data collected or calculated?

A: The data is collected through surveys of manufacturing firms and calculated as an index based on production volumes.

Q: How is this trend used in economic policy?

A: Policymakers, economists, and analysts use this trend to evaluate the performance of the Czech manufacturing sector and its impact on the broader economy.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis, but there may be some delays in the release of the latest figures.

Related Trends

Citation

U.S. Federal Reserve, Production: Manufacturing: Total Manufacturing for Czech Republic (PRMNTO01CZQ657S), retrieved from FRED.