Slovakia's industrial production advanced 7.8 percent over a year earlier in July of 2021, easing from a 13.8 percent jump in the prior month and just beating market expectations of a 7.7 percent hike. Production increased in 12 out of 15 activities, with 9 of those seeing output rise above its July 2019 level. The strongest growth rates were recorded in manufacture of basic metals & fabricated metal products (31.4 percent vs 40.2 percent in June); machinery & equipment (25.6 percent vs 23.8 percent); coke & refined petroleum products (10.6 percent vs -17.7 percent); and chemical & chemical products (9.4 percent vs 1.4 percent). On a seasonally adjusted monthly basis, industrial production rose 1 percent. source: Statistical Office of the Slovak Republic
Industrial Production in Slovakia averaged 4.98 percent from 2001 until 2021, reaching an all time high of 69.10 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 2021.
Industrial Production in Slovakia is expected to be 4.80 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 2022, according to our econometric models.