Slovakia's industrial production rose 1 percent over a year earlier in February of 2021, following a 3.9 percent slump in January and compared with market expectations of a 1 percent fall. In February, 7 out of 15 activities registered increases, in particular the manufacture of machinery (18.4 percent vs 0.9 percent in January) and transport equipment (1.6 percent vs -15 percent). On a seasonally adjusted monthly basis, industrial production was unchanged. Considering the first two months of the year, industrial output shrank 1.5 percent over a year earlier. source: Statistical Office of the Slovak Republic

Industrial Production in Slovakia averaged 4.45 percent from 2001 until 2021, reaching an all time high of 22.10 percent in August of 2006 and a record low of -42 percent in April of 2020. This page provides - Slovakia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Industrial Production in Slovakia is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Slovakia to stand at 5.50 in 12 months time. In the long-term, the Slovakia Industrial Production is projected to trend around 2.20 percent in 2022, according to our econometric models.

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Slovakia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
1.00 -3.90 22.10 -42.00 2001 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-11 08:00 AM Nov 2.2% -2.6% -2%
2021-02-10 08:00 AM Dec 6.8% 2.2% 0.7% 1.1%
2021-03-10 08:00 AM Jan -3.9% 6.7% -1.9% -1.6%
2021-04-09 07:00 AM Feb 1% -3.9% -1% -3.3%
2021-05-10 07:00 AM Mar 1% 21.5% 18.5%
2021-06-10 07:00 AM Apr
2021-07-09 07:00 AM May
2021-08-10 07:00 AM Jun


News Stream
Slovak Industrial Output Unexpectedly Rebounds
Slovakia's industrial production rose 1 percent over a year earlier in February of 2021, following a 3.9 percent slump in January and compared with market expectations of a 1 percent fall. In February, 7 out of 15 activities registered increases, in particular the manufacture of machinery (18.4 percent vs 0.9 percent in January) and transport equipment (1.6 percent vs -15 percent). On a seasonally adjusted monthly basis, industrial production was unchanged. Considering the first two months of the year, industrial output shrank 1.5 percent over a year earlier.
2021-04-09
Slovak Industrial Output Falls More than Expected
Slovakia's industrial production shrank 3.9 percent over a year earlier in January of 2021, following a downwardly revised 6.7 percent jump in December and compared with market expectations of a 1.9 percent decrease. In January, 9 out of 15 activities registered declines, especially the manufacture of transport equipment (-15 percent). On a seasonally adjusted monthly basis, industrial production increased 0.7 percent.
2021-03-10
Slovak Industrial Output Growth At Near 2-Year High
Slovakia's industrial production surged 6.8 percent over a year earlier in December of 2020, after increasing 2.2 percent in the previous month. It was the second straight increase in industrial activity and the strongest since March of 2019. In December, 10 out of 15 activities registered growth, especially the manufacture of transport equipment. Considering the full year of 2020, industrial production plunged 9.1 percent over a year earlier. On a seasonally adjusted monthly basis, industrial production decreased 0.3 percent.
2021-02-10
Slovak Industrial Output Rebounds in November
Slovakia's industrial production rose 2.2 percent over a year earlier in November of 2020, following a 2.5 percent fall in the previous month. It was the first increase in industrial activity since January and the strongest since July of 2019, as the economy gradually recovers from the pandemic shock. In November, 9 out of 15 activities registered increases, in particular the manufacture of transport equipment and metals. On a seasonally adjusted monthly basis, industrial activity grew 3.1 percent. Year-to-date, industrial activity plunged 10.3 percent over a year ago.
2021-01-11

Slovakia Industrial Production
In Slovakia, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 85 percent of total production. The biggest segments within Manufacturing are: Motor vehicles (33 percent of total production); computer products (7 percent); machinery and equipment (5 percent); basic metals (5 percent); rubber products (5 percent); fabricated metal products (5 percent); coke and refined petroleum products (4 percent); and electrical equipment (4 percent). Electricity, gas, steam and air conditioning account for 13 percent of total output, Water collection, treatment and supply account for 1 percent and Mining and quarrying account also for 1 percent.