Slovakia's industrial production rose 2.2 percent over a year earlier in November of 2020, following a 2.5 percent fall in the previous month. It was the first increase in industrial activity since January and the strongest since July of 2019, as the economy gradually recovers from the pandemic shock. In November, 9 out of 15 activities registered increases, especially the manufacture of transport equipment and metals. On a seasonally adjusted monthly basis, industrial activity grew 3.1 percent. source: Statistical Office of the Slovak Republic
Industrial Production in Slovakia averaged 4.49 percent from 2001 until 2020, reaching an all time high of 22.10 percent in August of 2006 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 January of 2021.
Industrial Production in Slovakia is expected to be 2.60 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 5.50 in 12 months time. In the long-term, the Slovakia Industrial Production is projected to trend around 2.20 percent in 2022, according to our econometric models.