Spectator on facebook

Spectator on facebook

Industrial production falls in January to lowest level since 1999

The fall in industrial production that began in Slovakia in October continued into January, with the figure dropping by 27 percent year-on-year to its lowest level since the new industrial production index was introduced in 1999, the Slovak Statistics Office announced on Monday, March 9. There were cuts in manufacturing production of 32.7 percent y-o-y, and in mining and quarrying by 6 percent, the TASR newswire wrote. Conversely, production of electricity, gas, steam and cold-air supplies rose by 3.5 percent y-o-y. All branches of industry saw y-o-y falls in production, with the most significant being the following decreases from last year: transport vehicles - 47.7 percent; electrical devices - 44.2 percent; metal and metallic products, excluding machines and devices - 42.4 percent; chemicals and machines and devices - both 33.6 percent; rubber plastics, and other non-metallic mineral products - both 33.3 percent; textiles, clothing, leather and related products - 23.1 percent; and in other manufacturing, repairs and the installation of machinery and equipment - 21.7 percent. TASR

The fall in industrial production that began in Slovakia in October continued into January, with the figure dropping by 27 percent year-on-year to its lowest level since the new industrial production index was introduced in 1999, the Slovak Statistics Office announced on Monday, March 9. There were cuts in manufacturing production of 32.7 percent y-o-y, and in mining and quarrying by 6 percent, the TASR newswire wrote. Conversely, production of electricity, gas, steam and cold-air supplies rose by 3.5 percent y-o-y.

All branches of industry saw y-o-y falls in production, with the most significant being the following decreases from last year: transport vehicles - 47.7 percent; electrical devices - 44.2 percent; metal and metallic products, excluding machines and devices - 42.4 percent; chemicals and machines and devices - both 33.6 percent; rubber plastics, and other non-metallic mineral products - both 33.3 percent; textiles, clothing, leather and related products - 23.1 percent; and in other manufacturing, repairs and the installation of machinery and equipment - 21.7 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.

Top stories

Refurbishment of Trnavské Mýto has started

The facelift of the underpass crossing should be completed by summer. Fate of nearby Istropolis still not known

Reconstruction of Trnavské Mýto underpass started.

Europe will continue fighting dual quality products

The recent Bratislava summit raised some suggestions on solving the problem, but it will be a long process.

Yeme grocery store in Bratislava.

Historically first ex-ministers were sentenced for the bulletin-board tender

Former construction ministers of the SNS party have received years in prison for the scandal surrounding the infamous bulletin-board tender. The other three defendants, ministry officers, have been acquitted.

L-R: Marian Janušek is ianugurated as replacing Igor Štefanov in post of construction minister, April 2009.

Quidditch becomes reality in Slovakia as first teams emerge Video

The wizard sport, fighting for its status in the real sports world, has won the hearts of some Slovaks.