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By Albin Sybera The Manufacturing Purchasing Managers’ Index (PMI) for Czechia, compiled by market intelligence company S&P Global, posted 44.7 in April. This is down on 46.2 in March and well below the 50-point mark. S&P highlighted stronger contractions in production and weak client demand amid the burdens of the difficult manufacturing environment, which was also pressured by waning external demand, most notably from Germany, a key export destination. “Operating conditions at Czech manufacturers took a turn for the worse at the beginning of the second quarter, as weak demand dragged further…

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