Czech manufacturing sector stabilises as output growth accelerates

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices surge after U.S.-Israel strikes on Iran; crude around $80/bbl likely Futures drop, oil spikes amid widening Mideast conflict - what’s moving markets Gold prices jump 2% amid widening US-Israel conflict with Iran Asia stocks slide as US-Iran strikes batter risk appetite (South Africa Philippines Nigeria) Czech manufacturing sector stabilises as output growth accelerates By Investing.com Editor Maria Ponnezhath Economic Indicators Editor Maria Ponnezhath Published 03/02/2026, 04:40 AM Czech manufacturing sector stabilises as output growth accelerates 0 Investing.com -- Czech manufacturers reported a stabilisation in operating conditions during February, according to the S&P Global Czechia Manufacturing PMI released Monday. The seasonally adjusted PMI rose to 50.0 in February from 49.8 in January, indicating stable conditions in the goods-producing sector. The index is based on data collected between February 10-19. Output levels increased for the third consecutive month, with the pace of expansion reaching its strongest in four years. Companies attributed higher production to the processing of previously received orders, with the growth rate matching the long-run series average. New orders contracted for the second straight month in January and February, as manufacturers faced subdued demand conditions and strong international competition. The rate of decrease remained modest and largely unchanged from the previous survey period. New export orders also declined during February, with weaker demand in Europe cited as a key factor. Companies reported that Asian competitors frequently secured new work by offering lower prices. Employment fell at the quickest pace in three months as manufacturers accelerated job cuts. Firms stated that voluntary leavers were not replaced in an effort to reduce costs. Backlogs of work rose at the steepest rate in four years, whilst shortages of key materials, including met...