Slovakia Industrial Output Falls in September 

Manufacturing

Slovakia's industrial production retreated 1.9% year-on-year in September, following 2% contraction in August, data from the Bratislava-based Slovak Statistical Office (SÚSR) show.

The decline was mainly due to further decreased of output for electricity, gas and steam (-33.7% vs -30%).

On the other hand, growth was seen for manufacturing (3.2% vs 2.9%), mainly boosted by increases in the production of transport equipment (22.6%), while declines were seen in output for basic metals and fabricated metal products (-10.8%), rubber and plastic products (-8.5%), and chemical products (-42.5%).

Mining & quarrying output rebounded (1.8% vs -5.5%). On a seasonally adjusted monthly basis, industrial production was down by 0.8%. 

ADVERTISEMENT

Avg Compulsory Vehicle Insurance Premium up 5% Figures

Avg Compulsory Vehicle Insurance Premium up 5%

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

4iG, Rheinmetall Establish IT JV Deals

4iG, Rheinmetall Establish IT JV

24th FIABCI Hungarian Prix d’Excellence Held Awards

24th FIABCI Hungarian Prix d’Excellence Held

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.