Monday, 21 July 2025
The volume of new industrial orders in Slovakia continued to decline in May 2025, recording a year-on-year decrease of 4.3% to EUR 5.69 billion, according to data from the Statistical Office of the Slovak Republic. This marked the second consecutive month of contraction, with the rate of decline accelerating from April’s 0.8% drop.
On a month-on-month basis, seasonally adjusted data showed a 5.9% decline in new orders compared to April 2025.
Seven out of the twelve monitored industrial sectors reported lower order volumes compared to May 2024. The most significant contribution to the overall decline came from the automotive sector—specifically the manufacture of motor vehicles, trailers, and semi-trailers—which dropped by 5.2%. This segment accounts for nearly half of total industrial orders.
Further declines were noted in the manufacture of metal structures (excluding machinery and equipment), down by 12%, and in electrical equipment production, which also fell by 12.1%.
Conversely, several sectors recorded year-on-year growth in new orders. Notable increases were seen in the manufacture of machinery and equipment not elsewhere classified (up 3.6%), other transport equipment (up 33.9%), and computer, electronic, and optical products (up 5.3%).
The continued contraction in new industrial orders suggests ongoing challenges in key manufacturing sectors, despite selective growth in some high-tech and capital goods categories.
