In June, industrial output expanded 4.9% over the same month last year, which marked the slowest pace since November 2009 and was well below the 10.7% increase tallied in May. Output growth in transport equipment, which rose 30.5% year-on-year, traditionally had the greatest impact on industrial production, due to the automotive industry's high penetration in the Slovak economy. On a month-on-month basis, industrial production contracted a seasonally adjusted 2.2% over the previous month (May: +2.3% month-on-month), confirming the deceleration implied by the annual figures. Consequently, annual average growth fell from 14.4% in May to 12.8% in June, continuing along the downward trend that began in January 2011.
Industrial production slows markedly
August 9, 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.