Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Czechia
Annual, Seasonally Adjusted
CZEPROCONAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.83
Year-over-Year Change
0.64%
Date Range
1/1/1995 - 1/1/2023
Summary
The 'Annual, Seasonally Adjusted' series measures the annual growth rate of industrial production in the Czech Republic, a key indicator of economic activity and strength.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This industrial production index tracks the total output of Czech manufacturers, mines, and utilities. It is a widely watched barometer of the health and momentum of the Czech economy and industrial sector.
Methodology
The data is collected through monthly surveys of industrial enterprises and calculated with seasonal adjustments.
Historical Context
Industrial production data informs monetary and fiscal policy decisions by the Czech National Bank and government.
Key Facts
- The Czech Republic is a major industrial economy in Central Europe.
- Industrial output accounts for over a third of Czech GDP.
- Declines in this index often signal an economic slowdown.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' series tracks the year-over-year growth rate of total industrial production in the Czech Republic, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: Industrial production is a critical leading indicator of broader economic health and performance, providing insight into the strength and direction of the Czech economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of industrial enterprises and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: The Czech National Bank and government closely monitor industrial production data to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: This data series is published monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (CZEPROCONAISMEI), retrieved from FRED.