Spectator on facebook

Spectator on facebook

Slovakia’s industrial confidence indicator increases in July

The mood in Slovak economy has considerably improved, said the Slovak Statistics Office on July 29 as its confidence indicator in Slovakia's industry continued rising for the seventh month, going up by five points to minus 8.3 points. Over the past two months, the indicator jumped eighteen points and its level in July was higher than in October of last year, when the significant deterioration of indicators started, the SITA newswire reported.

The mood in Slovak economy has considerably improved, said the Slovak Statistics Office on July 29 as its confidence indicator in Slovakia's industry continued rising for the seventh month, going up by five points to minus 8.3 points. Over the past two months, the indicator jumped eighteen points and its level in July was higher than in October of last year, when the significant deterioration of indicators started, the SITA newswire reported.

Industrial output reported a growing tendency with its indicator growing by 23 points to negative nineteen points, SITA wrote. The outlook of manufacturers of transport means, as well as textile and clothing producers positively influenced the development. Electricity, natural gas and water producers, along with footwear producers and wood processors view the situation on the market as negative.

Expectations of overall demand for industrial output grew by one point from June to be at 40 points in July. In spite of this, no sector of industry reported increase in demand. The indicator of foreign demand grew by eighteen points to minus 34 points in June. Only the manufacturers of transportation equipment expect growth in demand.

The employment outlook for the next three months slipped by two points compared to the previous month. Only the sector of transport equipment production expects growth of employment. 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

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Foreigners: Events around Slovakia Photo

Tips for performances and other events in Slovak regions between August 18 and 27, including an air show, a multi-genre urban festival, a clown show, a festival of teamsters, a golf tournament, and a lot of music.

Slávncia Airshow 2012

Blog: 5 things you should do on your visit to the north of Slovakia Photo

Here is a list of tips by an experienced tour guide - including things you have probably not tried before.

Crisis ends in Danko’s defeat

Education minister steps down following Fico’s call, Danko not ruling out he might leave politics.

Former education minister Peter Plavčan and PM Robert Fico on July 24.