Slovakia’s industrial production declined more than expected in January, data from the Statistical Office of the Slovak Republic showed on Wednesday.
Industrial production decreased a working day adjusted 3.9 percent year- on-year in January. Economists had expected a 1.9 percent fall.
Among the main industrial groups, production of investment goods declined 10.4 percent yearly in January and those of non-durable goods fell 8.2 percent. Production of intermediate goods declined 1.1 percent.
Meanwhile, production of durable goods and energy grew by 12.8 percent and 4.8 percent, respectively.
On a monthly basis, industrial production fell a seasonally adjusted 0.7 percent in January.
Separate data from the statistical office showed that the construction output declined 20.0 percent yearly in January.
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