Slovakia industrial output growth at record high in April
Slovakia's industrial production surged 69.0% year-on-year in April, following an upwardly revised 24.6% rise in March, figures released by the Slovak Statistical Office (SÚSR) showed.
It was the largest expansion in industrial output on records, due to a low base effect created by the first lockdown measures in the previous year.
In April, 6 out of 15 activities reached pre-pandemic activity levels. Manufacturing production increased by 78.2%, bolstered by the manufacturing of transport equipment (320.6%). Output of utilities grow by 35.3% while production of mining output advanced by 25.5%.
On a seasonally adjusted monthly basis, industrial output decreased 1%. In a separate report, the Bratislava-based statistics agency said that Slovakia's construction output expanded 8.4% from a year earlier in April, following a 0.8% decrease in the previous month and was 5% below levels seen in April last year.
On a seasonally adjusted monthly basis, constructi on activity shrank by 0.4%.
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