In December, industrial output expanded 19.7% over the same month last year, accelerating over the 17.3% increase recorded in November. The December expansion was led by electricity, gas, steam and air-conditioning supply, which accelerated strongly, rising 24.4% over the same month last year (November: +12.5% year-on-year). Moreover, manufacturing grew 19.4% (November: +18.4% yoy) on the back of strong growth in the manufacture of transport equipment. In contrast, mining and quarrying decreased 4.8% (November: +0.2% yoy). A month-on-month analysis points to less buoyant growth than implied by the annual figures, as industrial production added only 0.4% in seasonally adjusted terms over the previous month (November: +3.7% mom). However, the overall trend continues to improve, with the annual average variation in industrial production jumping from 18.4% in November to 19.0% in December. The result was a marked improvement over 2009, when industrial production contracted 13.7%.
Industrial production expands for the third straight month
February 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.