Slovakia: Industrial production eases in February
April 10, 2019
Industrial production rose 5.6% on an annual basis in February, moderating from January’s 7.2% increase. Notably, manufacturing, and mining and quarrying activity decelerated compared to the month prior. Meanwhile, supply of electricity, gas, steam and air-conditioning accelerated in February.
After adjusting for seasonal effects, industrial production increased 0.2% month-on-month in February (January: +1.2% month-on-month s.a.).
Meanwhile, annual average growth in industrial output climbed to 5.1% in February, up from January’s 4.9% expansion.
Author: Nicolás J. Aguilar, Economist