Czech factory activity logged a marginal decline at the start of the year amid renewed fall in new orders, survey data from S&P Global showed on Monday.
The purchasing managers' index, or PMI, for the manufacturing sector dropped to 49.8 in January from 50.4 in December. A reading above 50 suggests expansion, while a score below 50 indicates contraction in the sector.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.