Industrial production in Slovakia, lowest level since 2009

In March, industrial production in Slovakia decreased by 19,6 % year-on-year, reaching the lowest level since May 2009, show the latest data published by Statistical Office of The Slovak Republic.

The development was affected by a drop in manufacturing by 21,4 % and in electricity, gas, steam and air-conditioning supply by 10,4 % and by an increase in mining and quarrying by 7,2 %.

The most significant drop was recorded in manufacture of transport equipment by 38,3 %, manufacture of machinery and equipment by 18,2 %, manufacture of rubber and plastic and other non-metallic mineral products by 16,1 %, manufacture of computer, electronic and optical products by 41,1 % and other manufacture, repair and installation of machinery and equipment by 30,7 %.

The total production saw an increase in manufacture of electronic equipment by 5 %, mining and quarrying by 7,2 % and in manufacture of food, beverages and tobacco products by 0,7 %.

Compared with March 2019, in terms of the main industrial groupings, production of durable consumer goods decreased by 41,5 %, production of investment goods by 31,3 %, production relating to energy by 10 %, production of non-durable consumer goods by 9,7 % and production of intermediate goods by 7,7 %.

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