FX.co ★ Czech Manufacturing PMI Hits Over 3-Year High

The S&P Global Czechia Manufacturing PMI increased to 50.4 in December 2025, up from 48 in November, surpassing market expectations of 48 and concluding a five-month period of contraction. This represents the strongest performance since May 2022, fueled by renewed growth in new orders, production, and employment, alongside robust domestic and export demand. Employment saw its first expansion in 39 months, contributing to a reduction in order backlogs. Regarding prices, input price inflation reached its highest point since May, driven by rising costs of metals and materials, though output price growth eased due to foreign competition. Companies curbed reductions in input purchasing, inventories continued to decline, and supplier delivery times increased. Business confidence climbed to a three-month high, buoyed by export growth, despite persistent concerns over weak demand conditions.