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Slovakia industrial production rises further in December

World

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Slovakia's industrial production rose for the second straight month in December, data from the Slovak Statistical Office (SÚSR) showed on Wednesday.

Industrial production grew a working-day adjusted 6.8% year-on-year in December, following a 2.2% increase in November. Production for manufacturing rose 5.9% yearly in December. Production for electricity, gas, steam and air conditioning sector output, and mining and quarrying rose by 10.7% 9.7%, respectively.

On a monthly basis, industrial production fell a seasonally adjusted 0.3% in December. In 2020, industrial production declined 9.1%. Separate data from the Bratislava-based statistical office showed that the construction output declined 11.3% yearly in December. In total, construction output throughout 2020 reached EUR 5,3 billion and compared to the corresponding period of 2019 it was lower by 11,3%. 

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