Industry in Slovakia

Slovakia - Industry
Industrial output deteriorates in February
Industrial output slid 0.2% compared to the same month of the previous year in February, which contrasted January's 3.1% increase. The figure was largely driven by a deterioration in manufacturing output growth. In addition, mining and quarrying output fell markedly.
On a monthly basis, industrial output fell 1.5% in seasonally-adjusted terms in February, which was marginally better than January’s 1.4% fall. Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 10.9%, down from January's 11.1% reading.
FocusEconomics Consensus Forecast panelists project industrial production to grow 4.1% in 2022, which is up 0.2 percentage points from last month’s forecast. For 2023, the panel sees industrial production expanding 4.7%.
Slovakia - Industry Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Industrial Production (annual variation in %) | 6.7 | 4.6 | 3.3 | 4.3 | 0.5 |
Slovakia Industry Chart

Source: Slovakia Statistical Office (SOSR) and FocusEconomics calculations.
Slovakia Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 0.13 | -4.12 % | Dec 31 |
Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Slovakia: Inflation comes in at highest level since June 2000 in March
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Consumer prices rose 1.70% over the previous month in March, accelerating from February's 0.90% rise.
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Slovakia: Inflation comes in at highest level since June 2000 in March
April 14, 2022
Consumer prices rose 1.70% over the previous month in March, accelerating from February's 0.90% rise.
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Slovakia: Industrial output deteriorates in February
April 11, 2022
Industrial output slid 0.2% compared to the same month of the previous year in February, which contrasted January's 3.1% increase.
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Slovakia: Inflation comes in at highest level since December 2003 in February
March 17, 2022
Consumer prices increased 0.90% from the previous month in February, after January's 2.70% rise.
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Slovakia: Industrial output growth deteriorates in January
March 10, 2022
Industrial output increased 3.1% compared to the same month a year earlier in January, which was a deterioration from December's 8.8% increase.