Skyline of Bratislava, Slovakia

Slovakia Industry December 2019

Slovakia: Industrial production growth slumps to four-month low in December

Industrial production plunged 7.1% in December, following November’s 4.4% decline, and thus marking the fifth consecutive month of contracting industrial activity and the fastest contraction since August 2019. December’s dive was chiefly driven by a fall in manufacturing output, particularly in the production of transport equipment, as well as in the utilities supply sector. Meanwhile, the mining and quarrying sector clocked a rise.

After adjusting for seasonal effects, industrial production declined 1.4% in December (November: -0.4% month-on-month, seasonally adjusted).

Meanwhile, annual average growth in industrial output dropped from 1.5% in November to 0.5% in December, marking the lowest reading in over six years.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest