Slovakia industrial production increases further in December

Slovakia's industrial production increased more than expected in December, data from the Bratislava-based Slovak Statistical Office (SÚSR) showed on Thursday.

Industrial production rose a working-day adjusted 8.9% year-on-year in December. Economists had expected a 1.6% rise.

On a seasonally adjusted basis, industrial production rose 0.8% monthly in December.

Among the main industrial groups, output of non-durable goods increased 20.7% and that of consumer durables gained by 18.0%.

Production of capital goods rose 8.3%.

Output of intermediate goods gained 5.6% and those of energy grew 9.5%. In 2021 as a whole, industrial production grew 10.4%.

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