The S&P Global Czechia Manufacturing PMI fell to 49.7 in July 2025 from 50.2 in June, missing market expectations of 50.2 This indicated a renewed deterioration in operating conditions, largely due to a sharper drop in employment. The rate of job shedding accelerated and was the fastest since April. Output and new orders continued to rise albeit at a modest pace, while new export orders dropped further. Supplier delivery times also lengthened once again. Consequently, firms faced challenges working through their backlogs. In addition, input buying and stocks of purchases fell as firms prioritized inventory optimization and cost-cutting initiatives. Regarding prices, input costs rose at the slowest pace in six months, while output charges decreased as firms sought to remain competitive. Despite expectations for future output remaining historically high, confidence among goods producers slipped to a three-month low, amid geopolitical and economic uncertainty.