Slovak Industrial Output Slips in April

Figures

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Slovakia's industrial production shrank 2% year-on-year in April, following a 2.5% rise in the previous month, data from the Slovak Statistical Office (SÚSR) showed on Friday.

"Most sectors of industrial production struggled with significant year-on-year declines, which generally could not be covered even by the growth of the crucial manufacture of transport equipment, as well as manufacture of metals," the Bratislava-based statistical office said.

Among the main industrial groups, manufacture of rubber and plastic products recorded a significant decrease by 9.4%.

The manufacture of computer, electronic and optical products showed more than a quarter decrease.

Meanwhile, the production of wood and paper products dropped more than 15%.

On a seasonally adjusted monthly basis, industrial activity tumbled 1.2% in April, from 1.7% gain in the previous month.

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