The coronavirus pandemic has cut industrial production

It has reached the lowest level since May 2009.

Illustrative stock photoIllustrative stock photo (Source: Sme)

The coronavirus pandemic has impacted industrial production in Slovakia, which has reached its lowest level since May 2009.

The production of Slovakia’s industry fell by 19.6 percent year-on-year in March 2020. Its development was affected by a drop in manufacturing by 21.4 percent and in electricity, gas, steam and air-conditioning supply by 10.4 percent. Production in mining and quarrying, on the other hand, rose by 7.2 percent, according to the Statistics Office data.

As for monthly data, the industrial production decreased by 20.2 percent in March 2020 compared with February 2020 after seasonal adjustment.

Related articleDelayed government assistance put Slovakia’s competitiveness at risk Read more 

“The negative impact of the pandemic has been seen across the industrial sectors,” Ľubomír Koršňák, analyst with UniCredit Bank Czech Republic and Slovakia, wrote in a memo.

Automotive industry hit hard

The only industrial field that rose in March was food industry, increasing 0.7 percent y-o-y, supported by the increased demand for groceries since many people were trying to stock up in early March, and the producers of electric appliances that grew by 4.9 percent y-o-y. However, the increase was much slower than in the previous months, where it was oscillating around 20 percent, Koršňák pointed out.

The rest of this article is premium content at
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on and

Top stories

News digest: Pandemic situation worsens, more districts join black tier

Robert Fico refuses to explain leaked recordings. Daily caseload the highest since the second wave’s peak.

Oli Džupinková and her book

With her mom’s recipes, popular radio host taught Slovaks to cook Rusyn meals

Regional meals succeeded beyond community, beyond Slovakia’s borders.

26. okt
Illustrative stock photo

Third doses administered in Slovakia but not for everyone at the moment

Six months must pass from the administration of the second dose, people with immunity problems an exception.

7 h
Skryť Close ad