Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Slovak Republic
SVKPROINDQISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.86
Year-over-Year Change
-4.34%
Date Range
1/1/1989 - 1/1/2024
Summary
This economic trend measures the production volume index for industrial activity, excluding construction, in the Slovak Republic. It provides valuable insights into the overall state of the Slovak industrial sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Production Volume: Economic Activity: Industry (Except Construction) for Slovak Republic index tracks the changes in industrial output, serving as an important indicator of the country's economic performance and manufacturing health.
Methodology
The data is collected and calculated by the Statistical Office of the Slovak Republic.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess the strength and direction of the Slovak industrial economy.
Key Facts
- The index uses 2015 as the base year.
- The Slovak Republic is a member of the European Union.
- Industrial production is a key driver of the Slovak economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume index for industrial activity, excluding construction, in the Slovak Republic.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the overall state of the Slovak industrial sector, which is a crucial component of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Statistical Office of the Slovak Republic.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and market analysts to assess the strength and direction of the Slovak industrial economy, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and data collection processes of the Statistical Office of the Slovak Republic.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Slovak Republic (SVKPROINDQISMEI), retrieved from FRED.