FX.co ★ Slovakia Construction Output Rises the Most in Over 2 Years

In July 2025, Slovakia experienced a notable increase in construction output, posting a 10.3% year-on-year rise, the highest seen since January 2023. This follows a 9.1% increase in the preceding month. The surge was largely attributed to a boost in new construction activity, which rose by 6.6% compared to 5.9% in June, as well as building construction, which accelerated to 12.3% up from 7.6%. Additionally, construction projects abroad witnessed a significant increase, jumping to 29.6% from 16.1%. Conversely, there was a deceleration in domestic construction, which edged down to 7.8% from 8.2%, and in repair and maintenance work, which significantly declined to 1.8% from 15.8%. Moreover, engineering works saw a complete halt in growth, maintaining a 0% change compared to the previous 9.5% growth. On a monthly basis, adjusted for seasonal variations, construction output dipped by 1.4% in July.