Industrial production in Slovakia slumped by 6.4 percent from a year earlier in July of 2022, following a 5.7 percent decrease in the previous month. The decline was mainly due to falls in electricity, gas and steam supply activity (-29.1%) and manufacture of metals and fabricated metal products (-7.5%). On the contrary, repair of machinery and equipment (14.9%) and manufacture of electrical equipment (5.3%) increased. On a seasonally adjusted monthly basis, industrial output rose by 1.2 percent in July. source: Statistical Office of the Slovak Republic

Industrial Production in Slovakia averaged 4.68 percent from 2001 until 2022, reaching an all time high of 69 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 September of 2022.

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 2023, according to our econometric models.

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Slovakia Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-08-10 07:00 AM Jun -5.7% 1.1% 1.3%
2022-09-09 07:00 AM Jul -6.4% -5.7% -5.9%
2022-10-11 07:00 AM Aug -6.4%


Related Last Previous Unit Reference
Business Confidence -8.00 -2.00 points Aug 2022
Industrial Production -6.40 -5.70 percent Jul 2022
Manufacturing Production -2.80 -2.50 percent Jul 2022
New Orders 4730.70 5560.30 EUR Million Jul 2022
Mining Production -3.40 4.30 percent Jul 2022
Factory Orders -11.10 -17.90 percent Jun 2022
Electricity Production 1899.00 2089.00 Gigawatt-hour Jun 2022
Changes in Inventories 1.21 0.97 EUR Billion Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-6.40 -5.70 69.00 -42.00 2001 - 2022 percent Monthly
WDA

News Stream
Slovak Industrial Output Falls 6.4% in July
Industrial production in Slovakia slumped by 6.4 percent from a year earlier in July of 2022, following a 5.7 percent decrease in the previous month. The decline was mainly due to falls in electricity, gas and steam supply activity (-29.1%) and manufacture of metals and fabricated metal products (-7.5%). On the contrary, repair of machinery and equipment (14.9%) and manufacture of electrical equipment (5.3%) increased. On a seasonally adjusted monthly basis, industrial output rose by 1.2 percent in July.
2022-09-09
Slovak Industrial Output Slips in June
Industrial production in Slovakia slumped by 5.7 percent from a year earlier in June of 2022, following a 1.1 percent rise in the previous month. Electricity, gas and steam supply activity declined at a faster pace (-30.4 percent vs -27.1 percent in June) and manufacturing output fell back into contraction (-2.5 percent vs 4.9 percent), mainly due to a slump in the manufacture of transport equipment (-6 percent vs 10.3 percent). Production also fell significantly for computer and electronic products (-26.9 percent vs -16.9 percent) and coke and refined petroleum products (-28.8 percent vs -20.9 percent). At the same time, output growth slowed for mining & quarrying (4.3 percent vs 12 percent). On a seasonally adjusted monthly basis, industrial output declined by 1.9 percent in June.
2022-08-10
Slovakia Industrial Output Shrinks More than Expected
Industrial production in Slovakia shrank by 9.6 percent from a year earlier in April of 2022, following a revised 7.2 percent fall in the previous month and compared with market expectations of a 7.2 percent decline. Output decreased further for manufacturing (-5.3 percent vs. -3.3 percent in March), mining & quarrying (-46 percent vs. -23.3 percent), and electricity, gas, steam, and air conditioning supply (-29 percent vs. -29.7 percent). On a seasonally adjusted monthly basis, industrial output contracted 1.2 percent in April.
2022-06-10