Slovakia Industrial Output Shrinks in September

Figures

Image by Pixabay

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. 

Alteo Units Win HUF 9.4 bln of EU Funding for Battery Storag... Green Energy

Alteo Units Win HUF 9.4 bln of EU Funding for Battery Storag...

Improving Competitiveness 'Top Priority' of EU Presidency - ... EU

Improving Competitiveness 'Top Priority' of EU Presidency - ...

Nearly 40% of Teachers Use AI Innovation

Nearly 40% of Teachers Use AI

Sziget Tops Slingo Music Festival Ranking In Budapest

Sziget Tops Slingo Music Festival Ranking

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.