Financial News: Czech Factory Activity Contracts Most In 9 Months

Czech Factory Activity Contracts Most In 9 Months

11/03/2025 - 09:33:00 (RTTNews)

(RTTNews) - The Czech Republic's manufacturing downturn deepened in October amid faster falls in output and new orders, survey data from S&P Global showed on Monday.

The purchasing managers' index, or PMI, for the manufacturing sector dropped to 47.2 in October from 49.2 in September. Any reading below 50 indicates contraction in the sector.

Manufacturers reduced output levels due to weak customer demand, and the pace of decline was the sharpest since January, as in the case of new orders. Foreign demand also remained weak, with the new export order falling at the quickest rate in six months.

Firms also reduced their workforce numbers, linked to cost-cutting efforts and weaker new orders.

On the price front, input cost inflation eased to a 20-month low due to lower prices for oil-derived products and weak demand for inputs. Selling prices dropped amid muted demand conditions and competitive pressures.

Looking ahead, goods producers remained optimistic overall about expected output over the year ahead, though they expressed concerns surrounding the longevity of the current downturn in customer demand. Moreover, the degree of confidence eased to the lowest since December 2024.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Manufacturing Index Unexpectedly Edges Lower In October (06 hr(s), 20 min(s), 12 sec(s) ago)
(RTTNews) - Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate i ...Full Story»

Czech Factory Activity Contracts Most In 9 Months (07 hr(s), 14 min(s), 12 sec(s) ago)
(RTTNews) - The Czech Republic's manufacturing downturn deepened in October amid faster falls ...Full Story»

Latvia Industrial Output Growth Quickens To 6.5% (07 hr(s), 47 min(s), 12 sec(s) ago)
(RTTNews) - Latvia's industrial production growth rebounded sharply in September, data from th ...Full Story»

Greece Manufacturing Activity Regains Growth Momentum (08 hr(s), 12 min(s), 12 sec(s) ago)
(RTTNews) - Greece's factory activity expanded at an accelerated pace in October amid stronger ...Full Story»

UK Manufacturing PMI At 1-Year High (08 hr(s), 54 min(s), 12 sec(s) ago)
(RTTNews) - The UK manufacturing activity shrank in October but the pace of contraction was the sl ...Full Story»

Turkey Factory Activity Remains In Contraction (08 hr(s), 58 min(s), 12 sec(s) ago)
(RTTNews) - The manufacturing activity in Turkey deteriorated at a slightly faster pace in October ...Full Story»

Eurozone Manufacturing Sector Stagnates In October (09 hr(s), 26 min(s), 12 sec(s) ago)
(RTTNews) - Eurozone manufacturing sector stagnated in October, as initially estimated, following ...Full Story»

Poland Manufacturing Downturn Eases In October (09 hr(s), 47 min(s), 12 sec(s) ago)
(RTTNews) - Poland's manufacturing activity deteriorated at a slower pace in October, survey d ...Full Story»