Slovakia: Industrial output rebounds in October
Industrial production grew 4.4% year on year in October, rebounding from September’s 0.2% decrease. Looking at the details of the release, October’s notable turnaround partly reflected a notable recovery in manufacturing production.
On a seasonally adjusted monthly basis, factory output rose 0.7% in October, contrasting September’s 1.7% decrease. Meanwhile, the trend improved, with the annual average variation of industrial production coming in at minus 2.2% in October, up from September’s minus 3.0%.