Sales growth rate for Slovak industry falls to 4.2 percent in May

Industrial sales in Slovakia grew by only 4.2 percent in May, down from a high of 23.6 percent in April. In financial terms, industrial sales amounted to Sk183.7 billion (€6.1 billion) in May, the SITA newswire wrote. Sales grew by most in the production and distribution of electricity, natural gas and water (29.1 percent). Sales in mining were up by 6.9 percent, and in industrial manufacturing by 2.5 percent. In a year-on-year comparison, sales in industry were higher by 12.4 percent in the first five months of 2008. SITA

Industrial sales in Slovakia grew by only 4.2 percent in May, down from a high of 23.6 percent in April. In financial terms, industrial sales amounted to Sk183.7 billion (€6.1 billion) in May, the SITA newswire wrote. Sales grew by most in the production and distribution of electricity, natural gas and water (29.1 percent). Sales in mining were up by 6.9 percent, and in industrial manufacturing by 2.5 percent. In a year-on-year comparison, sales in industry were higher by 12.4 percent in the first five months of 2008. 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.

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