Slovakia's industrial production increased by just 0.8 percent over a year earlier in August of 2021, easing from a 7.8 percent jump in the prior month and missing market expectations of a 4.9 percent rise. It was the seventh straight month of growth in industrial activity, although at the softest pace since February, as the low base effect fades and as the ongoing global shortage of semiconductors hit hard the car industry (-32.9 percent). On a seasonally adjusted monthly basis, industrial production shrank 3.8 percent. Year-to-date, industrial production grew 15.5% compared to the same period a year ago. source: Statistical Office of the Slovak Republic
Industrial Production in Slovakia averaged 4.96 percent from 2001 until 2021, reaching an all time high of 69.10 percent in April of 2021 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 October of 2021.
Industrial Production in Slovakia is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Industrial Production is projected to trend around 2.20 percent in 2022, according to our econometric models.