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. source: Statistical Office of the Slovak Republic
Industrial Production in Slovakia averaged 4.72 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 August 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.