Slovakia Industrial Output Falls at Softer Pace
2026-07-09 07:27
By
Judith Sib-at
1 min. read
Industrial production in Slovakia decreased by 2.0% year-on-year in May 2026, easing from a 3.2% drop in the previous month but still worse than market expectations of a 0.3% fall.
This was the fourth consecutive month of decline, amid lower output in 11 out of the 15 monitored industrial sectors.
A smaller decline was observed in the manufacture of transport equipment (-2.4% vs -5.4% in April), which continued to have the largest impact on overall production.
At the same time, the manufacture of chemicals and chemical products rose 17.8%, accelerating from a 4.6% increase in the previous month.
On the other hand, output in electricity and gas supply fell further (-3.7% vs -0.6%), and the manufacture of computer, electronic, and optical products dropped sharply (-10.3% vs 4.3%).
On a seasonally adjusted monthly basis, industrial production was unchanged.
In the first five months of 2026, industrial production was 1.3% lower than in the same period a year earlier.