Spectator on facebook

Spectator on facebook

Industrial production up 5.9 percent y/y in March

THE INDUSTRIAL Production Index (IPI) increased by 5.9 percent year-on-year in March, the Statistics Office announced on May 12, as reported by the TASR newswire.

THE INDUSTRIAL Production Index (IPI) increased by 5.9 percent year-on-year in March, the Statistics Office announced on May 12, as reported by the TASR newswire.

The overall result was largely due to increases in manufacturing by 7.7 percent y/y; mining and quarrying by 2.6 percent; the production of transport vehicles by 8.1 percent; production of electronic devices by 35.7 percent; production of metals and metal structures apart from machines and equipment by 12.4 percent; production of goods made from rubber, plastic and other non-metallic mineral materials by 12.7 percent; and in other production and in the repair and installation of machinery and equipment by 21.7 percent.

Conversely, production volumes fell in textiles, clothing, leather and related products by 19.1 percent, and in the production of coke and refined petroleum products by 17.1 percent.

With seasonal effects taken into account, industrial production grew by 0.2 percent month-on-month in March.

Over the first three months of 2014, the IPI increased by 9.2 percent year-on-year, which was mainly influenced by an increase in manufacturing - 11.5 percent; and by reductions in electricity, gas, steam and air-conditioning supplies - 3 percent, and in mining and quarrying - 0.2 percent.

Source: TASR

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

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Long-neglected Renaissance house in Bratislava’s centre reveals its secrets Photo

The National Trust is bringing the historical Rómer’s house back to life.

Renaissance Rómer’s house in the Bratislava's Old Town

Slovak healthcare needs thousands of medical workers

Slovak doctors, nurses and midwives are not hesitating in finding better work conditions abroad.

Illustrative Stock Photo

RE-inventing modern theatre Photo

This year's international theatre festival REvolves around the prefix “re”, playing with its meanings and connotations, while also commemorating the years in (Czecho-)Slovak history ending with 8.

TR Warsaw: My Struggle

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between September 21 and September 30, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Kapitulská