Stats: Industrial Output Down 0.4 percent Y-o-Y in April

Bratislava, June 10 (TASR) - Slovakia's industrial output continues to show signs of decline, falling by 0.4 percent year-on-year (y-o-y) in April 2025, the Statistics Office reported on Tuesday. After seasonal adjustments, industrial output rose by 0.5 percent month-on-month (m-o-m). Although the industrial output was lower than a year ago for the third month of this year, the pace of decline significantly decelerated in April. Dynamic growth in some key industrial branches continued to be dampened by rapid declines in other important sectors. Seven out of 15 monitored industrial branches of Slovakia's industry reported y-o-y output drop in April. The overall result in April was chiefly influenced by a 6-percent increase in output in the production of transport devices. Although the car production grew for the fourth month in a row, the growth pace slowed down to one third when compared to March. Meanwhile, industrial output in the first four months of the year shrank by 0.8 percent y-o-y. Seven of the 15 monitored sectors posted worse figures than in the same period of 2024. The most significant impact on Slovakia's four-month industrial output was produced by an almost 13-percent growth in the production of transport devices. Conversely, industry was significantly hampered by a 13-percent decline in electricity, gas, steam and cold air supplies. Industrial performance was also decelerated by a more than 15-percent decline in the production of machinery and equipment, as well as an almost 7-percent drop in the production of metals. Lower output of electric appliances, and rubber and plastics also had a negative impact on the overall development of industry. ko