Slovakia Industrial Output Rebounds in January

Industrial production in Slovakia rose 2.7% year-on-year in January 2026, rebounding from an 8.5% drop in December. This marked the first growth in four months and the strongest performance since last March, with 11 of the 15 monitored industrial sectors recording annual growth. Notably, there was a sharp recovery in electricity and gas supply (16.5% vs -25.8% in December). Manufacturing activity also rebounded 0.9% after a 4.6% decline, supported by higher output of refined petroleum products (11% vs -7.6%) and basic metals and fabricated metal products (2.3% vs -13.1%). Production of transport equipment also recovered (4.7% vs -2.8%), with car manufacturing exceeding its output from the previous year after three months of decline. Meanwhile, output in mining and quarrying fell 11.5%, the same rate as in December. On a seasonally adjusted monthly basis, industrial output declined 1.2%.

Industrial production in Slovakia dropped by 8.5% year-on-year in December 2025, deepening from a 4.5% fall in the previous month. This marked the third consecutive month of decline in industrial activity and the sharpest since December 2022, driven by a 25.8% drop (vs 18.8% in November) in electricity and gas supply, its steepest fall since March 2022, and a 22.1% decrease (vs -6.2%) in mining and quarrying. Additionally, manufacturing production declined further (-4.5% vs -2.4%), due to lower output for basic metals (-13.2% vs 5.3%), wood and paper products, and printing (-11.4% vs -6.8%), and machinery and equipment (-9.3% vs -4.4%). On a seasonally adjusted monthly basis, industrial output decreased by 4.9%. For the full year of 2025, overall industrial production declined by 3.1% compared last year, marking the seventh slowdown in the past 17 years, though it was the softest one.

Industrial production in Slovakia dropped by 4.5% year-on-year in November 2025, slipping further from a 3.8% fall in the previous month. This marked the second straight month of decline and the ninth contraction this year, led by electricity and gas supply, which plunged 18.8%, the sharpest fall since March 2022, following a 15.5% fall in October. Transport equipment output also weighed, dropping 6.7%, the third weakest monthly result since March 2024, partly due to a high comparison base. Meanwhile, the most positive impact came from metal production, rising 5.2% from 2.8% in the prior month. On a seasonally adjusted monthly basis, industrial output increased by 0.9%. Considering the January to November period, overall industrial production decreased by 2.6% compared with the same period last year, with electricity & gas supply, metal production, and machinery & equipment being the largest drags, while gains in transport equipment partially offset losses.