The industrial confidence indicator in Slovakia increased by 2.3 points month-on-month to -8 in November 2025 from -10.3 in the previous month. Sentiment improved regarding selling price expectations (8 vs 7), while expected production (-1 vs -10) became less pessimistic, particularly in the manufacture of coke and refined petroleum products. At the same time, the employment outlook strengthened (4 vs -3). In contrast, the current level of orders continued to decline (-25 vs -22), most notably in the manufacture of textiles, wearing apparel, and related products, and chemicals and chemical products.