Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Czechia
CZEPROINDAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.26
Year-over-Year Change
23.95%
Date Range
1/1/1990 - 1/1/2023
Summary
This economic trend measures the production volume of the industrial sector, excluding construction, in Czechia. It provides valuable insights into the overall economic activity and performance of the Czech manufacturing industry.
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
The Production Volume: Economic Activity: Industry (Except Construction) for Czechia trend represents the level of industrial production, excluding the construction sector, in the Czech Republic. This metric is widely used by economists and policymakers to assess the health and dynamics of the country's industrial base.
Methodology
The data is collected through surveys and compiled by the statistical agencies in Czechia.
Historical Context
This trend is closely monitored by the Czech National Bank and other government institutions to inform economic policies and decision-making.
Key Facts
- Czechia is a major industrial hub in Central Europe.
- The industrial sector accounts for over 30% of the Czech GDP.
- Production volume is a leading indicator of the country's economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of the industrial sector, excluding construction, in Czechia. It provides insights into the overall economic activity and performance of the Czech manufacturing industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of the health and dynamics of the Czech industrial base, which is a significant driver of the country's economic growth. It is closely monitored by economists and policymakers to inform decision-making.
Q: How is this data collected or calculated?
A: The data is collected through surveys and compiled by the statistical agencies in Czechia.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Czech National Bank and other government institutions to inform economic policies and decision-making.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, with minimal update delays. However, as with any economic indicator, there may be limitations in capturing the full complexity of the industrial sector.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Czechia (CZEPROINDAISMEI), retrieved from FRED.