Czech Manufacturing Output Flat In June

Posted on July 2, 2012

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.