Slovakia: Growing Industrial Output, Declining Construction Sector

BusinessEconomy ♦ Published: October 9, 2012; 22:06 ♦ (Vindobona)

The Slovak Industrial production index (IPI) increased by 17 % in August 2012 compared to August 2011.The, construction output decreased, year-on-year, by 13,7 %.

Slovakia: Growing Industrial Output, Declining Construction Sector / Picture: © Vindobona.org

The development was affected by a rise in manufacturing by 19,6 %, in electricity, gas, steam and air-conditioning supply by 3,4 % and by a fall in mining and quarrying by 5,4 %.

The total industrial production was affected most considerably by an increase in manufacture of transport equipment by 77,2 %, manufacture of machinery and equipment n.e.c. by 14 %,…