Slovakia Industrial Output Shrinks in September
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Industrial production in Slovakia fell by 0.6% year-on-year in September, following a 21-month high of 4.6% growth in August, the Bratislava-based Slovak Statistical Office (SÚSR) said on Friday.
Output tumbled for manufacturing (-1% vs 4.3% in August), particularly driven by ongoing reductions in the manufacture of coke & refined petroleum products (-12% vs -7.2%) and textiles, apparel, leather & related products (-11.8% vs -0.2%).
Meanwhile, production slowed significantly in electricity, gas, steam and air conditioning supply (2.7% vs 7.1%), while experiencing a sharp increase in the mining & quarrying sector (19.8% vs 2.9%).
On a seasonally adjusted monthly basis, industrial production expanded 2.5% in September.
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