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Slovakia industrial production growth slows in July

Manufacturing

Slovakia's industrial production advanced a working day adjusted 7.8% year-on-year in July, easing from a 13.8% rise in June, the Slovak Statistical Office (SÚSR) showed on Friday.

Production increased in 12 out of 15 activities, with 9 of those seeing output rise above its July 2019 level.

The strongest growth rates were recorded in manufacture of basic metals & fabricated metal products (31.4%); machinery & equipment (25.6%); coke & refined petroleum products (10.6%); and chemical & chemical products (9.4%).

On a seasonally adjusted monthly basis, industrial production rose 1% in July.

In a separate statement the Bratislava-based agency said that construction output fell 3.9% yearly in July, following a 3.0% gain in the previous month. On a seasonally adjusted monthly basis, construction output shrank 1.1%. 

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