The Czech Republic's manufacturing activity deteriorated further in August amid supply chain issues, survey data from S&P Global showed on Monday.
The purchasing managers' index, or PMI, for the manufacturing sector dropped to 49.4 in August from 49.7 in July. Any reading below 50 indicates contraction in the sector.
Output levels broadly stagnated in August, dampened by logistics issues, delayed deliveries of materials and the impact of US tariff policy. Vendor performance was negatively influenced by congested ports, transportation delays and technology issues at suppliers.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.