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.