Slovakia's industrial production growth eased to 6.3 percent year-on-year in April 2019 from an upwardly revised 7.8 percent in the previous month, beating market expectations of 5 percent. The biggest output increases were recorded for transport equipment (12.2 percent vs 14.4 percent), machinery and equipment (17.4 percent vs 25.8 percent), electrical equipment (25.2 percent vs 8.2 percent), food, beverages and tobacco products (18.7 percent vs 5.9 percent) and other manufacture, repair and installation of machinery and equipment (18.9 percent vs 10.4 percent). By contrast, output fell for metal and fabricated metal products (-12 percent vs -8.9 percent), rubber and plastic products and other non-metallic mineral products (-3.4 percent vs -2.3 percent) and textiles, apparel, leather and leather products by (-14.7 percent vs -19.1 percent). Industrial Production in Slovakia averaged 5.47 percent from 2001 until 2019, reaching an all time high of 22.10 percent in August of 2006 and a record low of -27.10 percent in January of 2009.

Industrial Production in Slovakia is expected to be 1.90 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 1.70 in 12 months time. In the long-term, the Slovakia Industrial Production is projected to trend around 1.60 percent in 2020, according to our econometric models.

Slovakia Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-11 08:00 AM Industrial Production YoY 7.2% 4.3% 2.7% 3%
2019-04-10 07:00 AM Industrial Production YoY 5.6% 7.2% 4.5% 3.2%
2019-05-10 07:00 AM Industrial Production YoY 7.3% 5.6% 5% 5.3%
2019-06-10 07:00 AM Industrial Production YoY 6.3% 7.8% 5% 4.7%
2019-07-12 07:00 AM Industrial Production YoY 6.3% 5.5%
2019-08-09 07:00 AM Industrial Production YoY 1.9%
2019-09-11 07:00 AM Industrial Production YoY


Slovakia Business Last Previous Highest Lowest Unit
Business Confidence -3.70 -12.70 22.30 -26.30 Index Points [+]
Industrial Production 6.30 7.80 22.10 -27.10 percent [+]
Manufacturing Production 6.50 7.60 31.80 -31.50 percent [+]
Capacity Utilization 89.10 88.20 89.10 46.80 percent [+]
Car Registrations 8894.00 9222.00 10595.00 2907.00 [+]
Internet Speed 13037.49 13018.48 13801.69 4018.08 KBps [+]
IP Addresses 898295.00 860635.00 996175.00 281531.00 IP [+]
Industrial Production Mom -0.30 1.40 25.30 -12.20 percent [+]
Mining Production -0.10 -12.90 135.30 -57.00 percent [+]
New Orders 4557.30 4854.80 5149.90 698.80 EUR Million [+]
Steel Production 430.00 445.00 456.00 14.00 Thousand Tonnes [+]
Changes In Inventories 0.30 -0.34 1.69 -0.94 EUR Billion [+]
Competitiveness Index 66.84 66.28 66.84 4.10 Points [+]
Competitiveness Rank 41.00 39.00 78.00 36.00 [+]
Ease of Doing Business 42.00 39.00 49.00 29.00 [+]
Electricity Production 2638.00 2323.00 3241.00 1695.00 Gigawatt-hour [+]
Corruption Index 50.00 50.00 51.00 35.00 Points [+]
Corruption Rank 57.00 54.00 66.00 47.00 [+]


Slovakia Industrial Production

In Slovakia, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 85 percent of total production. The biggest segments within Manufacturing are: Motor vehicles (33 percent of total production); computer products (7 percent); machinery and equipment (5 percent); basic metals (5 percent); rubber products (5 percent); fabricated metal products (5 percent); coke and refined petroleum products (4 percent); and electrical equipment (4 percent). Electricity, gas, steam and air conditioning account for 13 percent of total output, Water collection, treatment and supply account for 1 percent and Mining and quarrying account also for 1 percent. This page provides - Slovakia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Industrial Production - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.30 7.80 22.10 -27.10 2001 - 2019 percent Monthly
WDA




Country Last Previous
Argentina -8.80 Apr/19
Australia 1.20 Mar/19
Brazil -3.90 Apr/19
Canada 0.32 Mar/19
China 5.00 May/19
Euro Area -0.40 Apr/19
France 1.10 Apr/19
Germany -1.80 Apr/19
India 3.40 Apr/19
Indonesia 7.90 Mar/19
Italy -1.50 Apr/19
Japan -1.10 Apr/19
Mexico -2.86 Apr/19
Netherlands -2.30 Apr/19
Russia 0.90 May/19
Saudi Arabia 2.34 Sep/18
Singapore 0.10 Apr/19
South Africa 4.60 Apr/19
South Korea -0.10 Apr/19
Spain 1.70 Apr/19
Switzerland 4.30 Mar/19
Turkey -4.00 Apr/19
United Kingdom -1.00 Apr/19
United States 2.00 May/19


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