Spectator on facebook

Spectator on facebook

Growth of industry sales slows to 4.5 percent

In August, the growth of industrial sales in Slovakia slowed to 4.5 percent in fixed prices, reaching Sk157.9 billion.

Growth was largely driven by a 4.8-percent increase of sales in industrial manufacturing, a 2.7-percent increase in mining and extraction of minerals, and a 2.3-percent rise in sales from production and distribution of electricity, natural gas and water.

Sales in the first eight months of 2007 exceeded the January-August sales for 2006 by 16.7 percent. Sales in industrial manufacturing went up by 18.3 percent and sales in production and distribution of electricity, natural gas and water by 2.4 percent. Sales in mining dropped 3.6 percent, the Slovak Statistics Office reported.

In August, sales in the construction industry rose by 1.3 percent year-on-year in fixed prices to Sk22.7 billion. Sales in hotels and restaurants continued to decline.

Increases were particularly high for sales in recreational, cultural and sports activities (35.1 percent), IT and related services (9.4 percent), other trade services (3.6 percent) and activities in the real estate sector (two percent), which contributed to an 8.5-percent year-on-year growth in real estate, rental, trade activities and other services, to Sk19.9 billion. Over the first eight months of 2007, sales increased 9.6 percent year-on-year.

-SITA

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

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).