The S&P Global Czechia Manufacturing PMI dropped to 47.2 in October 2025 from 49.2 in September, below market expectations of 49.5.

This was the fourth month of contraction and the sharpest since January, dragged by further declines in both output and new orders.

Also, new exports orders have been falling continuously since March 2022, with the decline in October the steepest in six months.

Despite a slight rise in backlogs, companies remained in retrenchment mode and cut both employment and input buying further.

This eased pressure on supplier capacity, as lead times lengthened to the least marked degree since July.

Meanwhile, input price inflation eased to its lowest level since February 2024, while selling prices continued to drop.

Business sentiment weakened to its lowest since December last year, amid concerns surrounding the longevity of the current downturn in customer demand.