Slovak Industry Deepens Its Decline to 4% Y/y in May

hnonline.sk

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When most industrial sectors stagnate, at least car manufacturers offer salvation. Those words could console themselves for years with all those responsible for the state of the Slovak economy. However, it seems that this is a thing of the past for now. The sector, which accounts for over ten percent of GDP and half of industrial sales, is no longer a reliable engine of domestic results. The latest data from the Statistical Office proves this. “…

trend.sk

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Out of a total of 15 sectors, eleven recorded lower performance year-on-year.

aktuality.sk

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Industrial production in the Slovak Republic continues to decline, deepening the year-on-year decline to 4% in May 2025, while in April it was only 0.4%. After taking into account seasonal effects, industrial production decreased by 2.8% month-on-month (compared to April 2025). This was reported by the Statistical Office (ŠÚ) of the Slovak Republic.