Slovakia's construction output tumbled 13.7 percent from a year earlier in April 2020, following a 3.1 percent decline in the previous month. It was the steepest month of contraction in construction output since January 2017 as building activity slumped 10.8 percent (vs -6.8 percent in March) and civil engineering works plummeted 21.4 percent (vs 0.1 percent in March).
Construction Output in Slovakia averaged -0.32 percent from 1993 until 2020, reaching an all time high of 28.90 percent in October of 2015 and a record low of -41.30 percent in December of 1993. This page provides - Slovakia Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Statistical Office of the Slovak Republic
Construction Output in Slovakia is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Slovakia to stand at 1.10 in 12 months time. In the long-term, the Slovakia Construction Output is projected to trend around 1.90 percent in 2021 and 2.20 percent in 2022, according to our econometric models.