Slovak industrial production declines in April

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Regional today

Tuesday, June 14, 2022, 10:05 AM

Slovak industrial production fell 9.6% year on year in April, after a revised drop of 7.2% the previous month, according to figures released Friday by the Slovak Statistical Office (SÚSR).

Production fell further for the manufacturing industry (-5.3% against -3.3% in March), the extractive industries (-46% against -23.3%) and the supply of electricity, gas, steam and air conditioning (-29% against -29.7%).

On a seasonally adjusted monthly basis, industrial production contracted by 1.2% in April.

A separate report from the Bratislava-based agency showed Slovakia’s construction output fell 2.7% year-on-year in April, reversing a 1.9% rise the previous month.

On a seasonally adjusted monthly basis, production in construction fell 3.7%.

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