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Index of industrial output in Slovakia up 6.8 percent in March

The Index of Industrial Production for Slovakia increased by 6.8 percent year-on-year in March, the Statistics Office announced on May 9, as reported by the TASR newswire. A 10-percent hike in industrial production was recorded but supplies of electricity, gas, and steam recorded a drop of 6 percent on an annual basis along with a fall of 17.8 percent in mining and quarrying.

The Index of Industrial Production for Slovakia increased by 6.8 percent year-on-year in March, the Statistics Office announced on May 9, as reported by the TASR newswire.

A 10-percent hike in industrial production was recorded but supplies of electricity, gas, and steam recorded a drop of 6 percent on an annual basis along with a fall of 17.8 percent in mining and quarrying.

Improved industrial output was mainly influenced by a rise in the production of transport vehicles (21.6 percent) and of miscellaneous machines and equipment (19.6 percent). After seasonal adjustment, industrial output increased by 1.1 percent from February 2011.

Source: 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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