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Slovak construction output rises 13.4 percent

Output in the Slovakia construction sector grew 13.4 percent year-on-year in April 2007. According to data provided by the European Statistics Office
(Eurostat), this was the sixth highest growth of the thirteen EU countries that submitted data.

In the entire EU, which enlarged to 27 countries this January, seasonally adjusted construction production grew 6.6 percent year-on-year on average and posted a 0.1 percent drop compared with March. Slovak construction output grew 1.5 percent from the previous month, which was the third highest monthly growth among the EU members that submitted data.

In the 13-member Eurozone, output increased 3.9 percent year-on-year and dropped 0.9 percent month-on-month. In year-on-year terms, construction sector production increased in ten member states and decreased in three. Romania reported the highest year-on-yeary growth at 36.2 percent. In a monthly comparison, construction sector production increased in five countries for which data was available and decreased in seven. In April, the seasonally adjusted output of the Slovak construction sector increased 1.5 percent from March.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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