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Industrial production grew by 9.7 percent year-on-year in April

Overall industrial-production growth in Slovakia accelerated rapidly from 2 percent year-on-year in March to 9.7 percent in April, the Slovak Statistics Office announced on June 9.

Overall industrial-production growth in Slovakia accelerated rapidly from 2 percent year-on-year in March to 9.7 percent in April, the Slovak Statistics Office announced on June 9.

This development was due to industrial production rising by 10.7 percent year-on-year, the mining of mineral resources by 10.3 percent, and the production and distribution of electricity, gas and water by 0.6 percent, the TASR newswire wrote.

Production in most branches of industry was higher compared to a year ago. The most rapid increase was recorded by automobile production (42.6 percent year-on-year), while the coke and oil-products industry suffered the most significant fall (35.3 percent). In the first four months of 2008, overall industrial production increased by 7.9 percent year-on-year, with industrial production growing by 8.7 percent, the mining of mineral resources by 3.4 percent, and the production and distribution of electricity, gas and water by 2.1 percent. TASR

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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