Slovakia’s industrial output nears last year's levels

The year-on-year downswing in Slovakia's industrial output continues to soften. In October, it was the lowest in 2009, at 3.8 percent, the SITA newswire wrote.

The year-on-year downswing in Slovakia's industrial output continues to soften. In October, it was the lowest in 2009, at 3.8 percent, the SITA newswire wrote.

The y-o-y decline in September stood at 5.6 percent. Industrial output in October was influenced by a 4.1-percent y-o-y decrease in industrial manufacturing, a 3.2-percent y-o-y decline in generation and distribution of electricity, gas, steam and cool air and a 6-percent growth of mining and exploration of raw mineral materials. Production of transportation means contributed the most to the downturn in industrial output, when it fell by 10.1 percent. 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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