Slovakia industrial production falls further in October

Figures

Slovakia's industrial production fell a working-day adjusted 2.5% year-on-year in October, following a 0.2% decrease in September, data from the Slovak Statistical Office (SÚSR) showed on Thursday.

Production for manufacturing declined 4.7% yearly in October. Meanwhile, production for electricity, gas, steam and air conditioning sector output, and mining and quarrying rose by 12.8% and 7.2%, respectively.

On a monthly basis, industrial production fell a seasonally adjusted 1.1% in October. Separate data from the Bratislava-based statistical office showed that the construction output declined 23.6% yearly in October, following a downwardly revised 19.6% tumble in September.

It was the 8th consecutive month of decreases in construction activity and the strongest since January of 2009. 

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