In July, industrial output expanded 5.0% over the same month last year, which mirrored the growth rate tallied in June. Output growth in the manufacture of machinery and equipment, which rose 33.1% year-on-year, had the greatest impact on industrial production. Furthermore, manufacture of transport equipment, which is significant due to the automotive industry's high penetration in the Slovak economy, slowed to 4.2%. A month-on-month comparison, however, points to a sharper deterioration than the steady reading suggested by the annual figures, as industrial production contracted a seasonally adjusted 3.4% over the previous month (June: -2.2% month-on-month). Annual average growth fell from 12.7% in June to 11.9% in July, continuing along the downward trend that began in January 2011.
Industrial output maintains pace in July
September 8, 2011
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Slovakia Economic News
October 17, 2016
In September, consumer prices edged up 0.1% over the previous month, which contrasted the 0.1% drop registered in August.
October 11, 2016
In August, industrial production improved notably as it grew 17.5% from the same month last year, which was the highest rise since March 2008.
September 14, 2016
In August, consumer prices fell 0.1% over the previous month, which followed the 0.4% drop registered in July.
September 12, 2016
Industrial production dropped 14.3% annually in July, which contrasted the revised 2.3% expansion in June (previously reported: +2.2% year-on-year).
August 18, 2016
In July, consumer prices plunged 0.4% over the previous month, which contrasted the 0.1% rise tallied in June.