Czech industry conditions worsen in January, but slowdown eases
The downturn in Czech manufacturing continued in January, though at a slower pace, as the Purchasing Managers’ Index (PMI) rose to nearly 47 % from December’s 44.8, S&P Global reported. While demand remained weak, companies showed cautious optimism for the year ahead, and layoffs slowed. However, analysts warn of risks, including potential U.S. tariffs on EU goods under President Donald Trump, which could hurt Czech exports. Economist Petr Dufek cautioned that without a reversal in new orders, induCzech industry conditions worsen in January, but slowdown easesstrial recovery remains uncertain, especially given ongoing challenges in Germany and global trade tensions.