Slovakia's industrial production rose 1 percent over a year earlier in February of 2021, following a 3.9 percent slump in January and compared with market expectations of a 1 percent fall. In February, 7 out of 15 activities registered increases, in particular the manufacture of machinery (18.4 percent vs 0.9 percent in January) and transport equipment (1.6 percent vs -15 percent). On a seasonally adjusted monthly basis, industrial production was unchanged. Considering the first two months of the year, industrial output shrank 1.5 percent over a year earlier. source: Statistical Office of the Slovak Republic
Industrial Production in Slovakia averaged 4.45 percent from 2001 until 2021, 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 May of 2021.
Industrial Production in Slovakia is expected to be 4.80 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.