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Industrial production in Slovakia decreased 8.1%

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Christian Fernsby ▼ | October 10, 2019
In August, industrial production in Slovakia decreased 8.1%, year-on-year.
Slovakia port with containers
Europe   Slovakia port with containers
The development according to the sections of SK NACE Rev. 2 was affected a drop in manufacturing 9,5% and a rise in electricity, gas, steam and air-conditioning supply 1,9% and in mining and quarrying 5%.

Topics: Slovakia industrial production

In terms of the specific groupings of the industrial sectors, which contributed most to the total production growth, the most significant decrease was recorded in manufacture of transport equipment 14,1%, manufacture of rubber and plastic products and other non-metallic mineral products 25,6%, manufacture of metal and fabricated metal products except machinery and equipment 18,2%, manufacture of computer, electrical and optical products 7,2% and manufacture of machinery and equipment n.e.c. 2,5%.

The total production was affected mostly a growth in manufacture of electrical equipment 13,7%, other manufacture, repair and installation of machinery and equipment 14,7%, manufacture of coke and refined petroleum products 17,1%, electricity, gas, steam and air-conditioning supply 1,9% and in mining and quarrying 5%.

Compared with August 2018, in terms of the main industrial groupings, production of intermediate goods decreased 12,6%, production of durable consumer goods 9,2%, production of investment goods 8,9% and production of non-durable consumer goods 2,8%.

Production relating to energy increased 4%.

After seasonal adjustment, industrial production decreased 2,6% in August 2019 compared with July 2019.

Since the beginning of the year, IP increased, year-on-year, 3%, of which in electricity, gas, steam and air-conditioning supply 8,6%, in mining and quarrying 3,3% and in manufacturing 2,3%.

In terms of the specific groupings of the industrial sectors, which contributed most to the total production growth, the most significant increase was recorded in manufacture of transport equipment 6,5%, manufacture of machinery and equipment n.e.c. 17,3%, manufacture of electrical equipment 21%, electricity, gas, steam and air-conditioning supply 8,6%, and in other manufacture, repair and installation of machinery and equipment 10,3%.

Production decreased mostly in manufacture of metal and fabricated metal products except machinery and equipment 11,1%, manufacture of rubber and plastic products and other non-metallic mineral products 6,3%, manufacture of coke and refined petroleum products 13,8%, manufacture of textiles, apparel, leather and related products 12,3% and in manufacture of chemicals and chemical products 8,5%.

In terms of the main industrial groupings, production of investment goods increased 9,4%, production relating to energy 4,1% and production of non-durable consumer goods 1,6%.

Production of durable consumer goods dropped 5% and production of intermediate goods 3,3%.


 

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