Spectator on facebook

Spectator on facebook

Growth in industrial production stalled in November

The Industrial Production Index (IPP) rose by only 0.4 percent year-on-year in November 2011, according to data published by the Statistics Office. Compared to the previous month industrial production, after seasonal influences were removed, fell by 2.4 percent month-on-month, the TASR newswire reported.

The Industrial Production Index (IPP) rose by only 0.4 percent year-on-year in November 2011, according to data published by the Statistics Office. Compared to the previous month industrial production, after seasonal influences were removed, fell by 2.4 percent month-on-month, the TASR newswire reported.

Production decelerated in the case of electricity, gas, steam and cold air supplies by 0.4 percent, and in mining and quarrying by 10.2 percent.

Overall production was affected by an increase in the manufacturing of metal and fabricated metal products excluding machinery and equipment by 6.9 percent, manufacturing of machinery and equipment not classified elsewhere by 9.5 percent, manufacturing of textiles, apparel, leather and related products by 7.3 percent, manufacturing of transport equipment by 0.8 percent, and manufacturing of rubber and plastic products and other non-metallic mineral products by 3.9 percent.

Production fell most in manufacturing of computer, electronic and optical products (by 9.3 percent) and in the manufacturing of pharmaceutical products (by 22.3 percent).

Over the first 11 months of 2011, the IPP was up 7.5 percent year-on-year.

Source: TASR

Compiled by Radka Minarechová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Safari under High Tatras Video

Marek Stolarčík from Kežmarok filmed unique video.

Illustration stock photo

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.