Slovakia Industrial Output Edges Down in August

Industrial production in Slovakia decreased by 0.2% year-on-year in August 2026, reversing a 2.4% increase in July. This was the fifth drop since the beginning of the year, although it was the mildest contraction recorded so far. Lower output was mainly due a sharper decline in the manufacture of computer, electronic, and optical products (-47.3% vs -41.0% in July) as well as a renewed drop in transport equipment (-3.3% vs 9.5%), which was affected by a shift in the holiday schedule of a major motor vehicle manufacturer that operated for one fewer week than in August 2025. These declines were partly offset by increases in electricity and gas supply (7.2%) and the manufacture of basic metals (6.6%) and machinery and equipment (9.5%). On a seasonally adjusted monthly basis, industrial production fell by 0.6% in August. In the first eight months of 2026, industrial output was 0.3% lower than in the same period last year.

Industrial production in Slovakia grew by 2.4% year-on-year in July 2026, accelerating from a 2.1% rise in June and marking the third increase this year. The growth was supported by higher output in 10 of the 15 monitored industrial sectors, led by the manufacture of motor vehicles, which surged 9.2% and recorded its strongest growth so far this year. Its result was partly boosted by a calendar shift in the annual plant-wide holiday at a key manufacturer, which operated for an additional week in July compared with a year earlier. Output also increased sharply in the manufacture of machinery and equipment (11.9%) and basic metals (5.5%). By contrast, production of computer, electronic and optical products plunged 41%, while coke and refined petroleum products fell 17.8%. On a seasonally adjusted monthly basis, industrial production decreased 0.7%, the same pace as in the preceding period. In the first seven months of 2026, industrial activity declined 0.4% year-on-year.

Industrial production in Slovakia increased by 2.1% year-on-year in June 2026, defying expectations of a 0.6% fall, ending a four-month period of decline and marking the second increase this year. The recovery was supported by higher output in 10 of the 15 monitored industrial sectors, led by the manufacture of basic metals, which rose 6.6% and made the largest positive contribution to overall growth. Output also increased sharply in the manufacture of chemicals and chemical products (30.8%) and machinery and equipment n.e.c. (6.6%), while the manufacture of motor vehicles returned to growth after four months of decline, rising 1.7%. By contrast, the manufacture of computer, electronic and optical products fell 36.5%, making the largest negative contribution to industrial production. On a seasonally adjusted monthly basis, industrial production decreased 0.7%. In the first half of 2026, industrial production declined 0.8% year-on-year.