In April, industrial output expanded 10.9% over the same month last year, which was below the revised 12.2% increase observed in March (previously reported: +12.1% year-on-year). According to the Statistical Office of the Slovak Republic (SOSR), the reading was mostly affected by a 55.6% increase in transport equipment, which is significant due to the automotive industry's high penetration in the Slovak economy. On a monthly basis, industrial production rose a seasonally adjusted 0.3% over the previous month, after expanding a robust 3.5% in March. Owing to the recent strong prints, the trend pointed upwards, with annual average growth in industrial production increasing from 6.5% in March to 6.7% in April.
Industrial output slows in April
June 8, 2012
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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
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