The manufacturing sector in the Czech Republic contracted at a slower rate in June with the PMI index registered 49.4, which is up from 47.6 in May.
- New orders fell again but at a slower rate than the previous month.
- Manufacturing output was unchanged in June, new & existing employees worked to reduce order backlogs, which has decline for the sixth time in the last eight months.
- Employment grew in June after falling during the previous two months.
- Input prices grew marginally while selling prices fell sharply.