Slovakia's industrial production slumped 4.4 percent from a year earlier in November of 2019, following an upwardly revised 4 percent decline in the previous month and more than an expected 1 percent fall. It was the fourth consecutive month of downturn in industrial activity, as output shrank for electricity, gas, steam and air conditioning supply (-4.3 percent vs 5 percent) and manufacturing (-4.7 percent vs -5.3 percent). Meanwhile, the mining sector continued to advance solidly overall (11.7 percent vs 13.9 percent). On a seasonally adjusted monthly basis, industrial production decreased 0.3 percent. Year-to-date, industrial output grew 1 percent compared to the same period in 2018.

Industrial Production in Slovakia averaged 5.24 percent from 2001 until 2019, reaching an all time high of 22.10 percent in August of 2006 and a record low of -27.40 percent in January of 2009. This page provides - Slovakia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistical Office of the Slovak Republic

Industrial Production in Slovakia is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Slovakia to stand at 1.60 in 12 months time. In the long-term, the Slovakia Industrial Production is projected to trend around 1.60 percent in 2020, according to our econometric models.


Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Slovakia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-4.40 -4.00 22.10 -27.40 2001 - 2019 percent Monthly
WDA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-10 07:00 AM Aug -8.1% 2.8% 2.7% 3.4%
2019-11-11 08:00 AM Sep -2.5% -8.1% 0.9% 1%
2019-12-10 08:00 AM Oct -3.9% -2.5% -1% -2.1%
2020-01-10 08:00 AM Nov -4.4% -4% -1% -2.5%
2020-02-10 08:00 AM Dec -4.4% -2%


News Stream
2019-12-10
Slovak Industrial Output Contracts More than Expected
Slovakia's industrial production plunged 3.9 percent from a year earlier in October of 2019, following a 2.5 percent decline in the previous month and against market expectations of a 1.0 percent fall, as manufacturing production continued to decrease (-5.2 percent vs -3.1 percent in September). In contrast, output advanced faster for mining & quarrying (13.9 percent vs 2.1 percent) and electricity, gas, steam and air conditioning supply (5.0 percent vs 2.6 percent).

2019-11-11
Slovakia Industrial Output Unexpectedly Falls
Slovakia's industrial production fell 2.5 percent from a year earlier in September 2019, following an 8.1 percent fall in the previous month and missing marker expectations of a 0.9 percent rise. Output declined less for manufacturing (-3.1 percent from -9.5 percent in August), of which transport equipment (-9.5 percent from -14.1 percent), rubber, plastic products and other non-metallic mineral products (-8.6 percent from -25.6 percent), and basic metals and fabricated metal products (-8.6 percent from -18.2 percent). Also, output rebounded for computer, electrical and optical products (1.1 percent from -7.2 percent) and machinery and equipment (5.3 percent from -2.5 percent) Additionally, production of electricity, gas, steam and air conditioning supply advanced further (2.7 percent from 1.9 percent).

2019-10-10
Slovak Industrial Output Contracts the Most in 3 Years
Slovakia's industrial production plunged 8.1 percent from a year earlier in August 2019, following a 2.8 percent growth in the previous month and missing market expectations of a 2.7 percent increase. That was the steepest month of contraction in output since July 2016, led by declines in transport equipment (-14.1 percent vs -5.8 percent), rubber and plastic products and other non-metallic mineral products (-25.6 percent vs 10.7 percent), basic metals and fabricated metal products (-18.2 percent vs -14.5 percent), computer, electrical and optical products (-7.2 percent vs -1.4 percent) and machinery and equipment (-2.5 percent vs 19.3 percent).

2019-09-10
Slovak Industrial Output Rises More than Expected
Slovakia's industrial production rose 2.8 percent year-on-year in July 2019, following a downwardly revised 1.9 percent fall in the previous month and beating market forecasts of a 0.5 percent gain. Manufacturing output increased 2.7 percent, rebounding from a 3.9 percent decline in June, namely pharmaceuticals, medicinal chemical & botanical products (0.9 percent from -21.3 percent), rubber & plastic, and other non-metallic products (10.7 percent from -11.7 percent), and food, beverages & tobacco (11.4 percent from 7.2 percent). Also, mining production advanced further (14 percent from 10.9 percent). On the other hand, electricity, gas, steam & air conditioning supply output went up 1.4 percent, easing from a 15.1 percent rise in the prior month. On a seasonally adjusted monthly basis, industrial production increased 0.7 percent. Year-to-date, industrial production grew 4.6 percent over a year earlier.

2019-08-09
Slovak Industrial Output Falls the Most since 2017
Slovakia's industrial production decreased 2.1 percent year-on-year in June 2019 compared to a 4.7 percent rise in the prior month and missing market expectations of a 5.9 percent growth. It was the steepest downturn in industrial activity since April 2017, as manufacturing shrank (-4.1 percent vs 2.7 percent in May) and electricity, gas, steam & air conditioning supply rose slightly less (15.1 percent vs 23.2 percent). Meanwhile, the mining sector increased at a faster pace (10.9 percent vs 8.7 percent). On a seasonally adjusted monthly basis, industrial activity went down 1.4 percent. On a seasonally adjusted monthly basis, industrial activity went down 1.4 percent. Year-to-date, industrial production grew 4.9 percent over a year ago.

2019-07-10
Slovakia Industrial Output Rises Less than Expected
Slovakia's industrial production growth slowed to 4.7 percent year-on-year in May 2019 from an upwardly revised 7 percent in the previous month and below market expectations of a 5.3 percent gain. Manufacturing output rose at a softer pace (2.7 percent compared to 7.2 percent in April), of which coke, & refined petroleum products (-61 percent compared to 6.6 percent), rubber & plastic and other non-metallic mineral products (-5.7 percent compared to -2.5 percent), computer, electronic & optical products (-8.5 percent compared to 1.5 percent), food, beverages and tobacco products (5.8 percent compared to 20.7 percent), transport equipment (10.4 percent compared to 12.8 percent), and machinery & equipment (10.4 percent compared to 18.6 percent). Meanwhile, production advanced further for mining & quarrying (8.6 percent compared to 0.3 percent) and electricity, gas, steam & air conditioning supply (23.3 percent compared to 6.8 percent).


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.

Slovakia Business Last Previous Highest Lowest Unit
Business Confidence -6.00 -2.70 22.30 -26.30 points [+]
Industrial Production -4.40 -4.00 22.10 -27.40 percent [+]
Manufacturing Production -5.20 -3.10 31.80 -31.70 percent [+]
Capacity Utilization 84.10 89.40 89.40 46.80 percent [+]
Car Registrations 7714.00 8000.00 10595.00 2907.00 [+]
Internet Speed 13037.49 13018.48 13801.69 4018.08 KBps [+]
IP Addresses 898295.00 860635.00 996175.00 281531.00 IP [+]
Industrial Production Mom -0.40 -0.50 26.10 -12.20 percent [+]
Mining Production 11.60 13.90 135.30 -57.00 percent [+]
New Orders 4503.20 4715.80 5148.20 698.80 EUR Million [+]
Changes In Inventories 1.80 0.99 1.80 -0.94 EUR Billion [+]
Competitiveness Index 66.77 66.84 66.84 4.10 Points [+]
Competitiveness Rank 42.00 41.00 78.00 36.00 [+]
Ease of Doing Business 45.00 42.00 49.00 29.00 [+]
Electricity Production 2294.00 2021.00 3241.00 1695.00 Gigawatt-hour [+]
Corruption Index 50.00 50.00 51.00 35.00 Points [+]
Corruption Rank 59.00 57.00 66.00 47.00 [+]
Factory Orders -7.20 -8.90 41.60 -35.90 percent [+]