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. source: Statistical Office of the Slovak Republic

Industrial Production in Slovakia averaged 4.78 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 June 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
2022-05-10 07:00 AM Mar -7.3% -0.2% -2.3% -3%
2022-06-10 07:00 AM Apr -9.6% -7.2% -6.3% -5%
2022-07-08 07:00 AM May -9.6%


Related Last Previous Unit Reference
Business Confidence 10.00 6.30 points May 2022
Industrial Production -9.60 -7.20 percent Apr 2022
Manufacturing Production -3.40 2.20 percent Mar 2022
New Orders 5032.30 5492.70 EUR Million Apr 2022
Mining Production -46.00 -23.30 percent Apr 2022
Electricity Production 2477.00 2429.00 Gigawatt-hour Mar 2022
Changes In Inventories 0.97 -0.88 EUR Billion Mar 2022
Factory Orders -5.64 2.80 percent Feb 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
-9.60 -7.20 69.00 -42.00 2001 - 2022 percent Monthly
WDA

News Stream
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
Slovakia Industrial Output Shrinks More than Expected
Industrial production in Slovakia shrank by 7.3 percent on year in March of 2022, following a 2.3 percent fall in the previous month and higher than market expectations of a 2.3 percent decline. Output decreased further for mining & quarrying (-23.3 percent vs -22 percent in February) and electricity, gas, steam and air conditioning supply (-29.7 percent vs -11.4 percent). At the same time, manufacturing growth fell (-3.4 percent vs 2.2 percent), particularly for coke and refined petroleum products, rubber and plastic products and transport equipment. On a seasonally adjusted monthly basis, industrial output contracted 5.3 percent while for the entire first quarter of 2022, production dropped by 1.8 percent on year.
2022-05-10
Slovakia Industrial Output Unexpectedly Shrinks
Industrial production in Slovakia fell by 0.2 percent year-on-year in February of 2022, after three consecutive months of growth and against market expectations of a 1.5 percent rise. Output decreased for mining & quarrying (-22 percent vs -12.9 percent in January) and electricity, gas, steam and air conditioning supply (-11.4 percent vs -4.7 percent). At the same time, manufacturing growth slowed (2.2 percent vs 5 percent). On a seasonally-adjusted monthly basis, industrial output fell 1.5 percent compared to January.
2022-04-11