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Slovakia Industrial Production Rebounds In July

Slovakia's industrial production rose in July after falling in June as manufacturing rebounded, preliminary data from the Statistical Office of the Slovak Republic showed on Tuesday.

The industrial production index rose a working-day adjusted 2.8 percent year-on-year following a 1.9 percent slump in June. In May, production grew 4.5 percent.

Manufacturing output increased 2.7 percent year-on-year after a 3.9 percent drop in the previous month.

Output in the mining and quarrying sector grew 14 percent following a 10.9 percent increase in June. Production in the utility sector grew 1.4 percent after a 15.1 percent rise in the previous month.

In the January to July period, industrial production increased 4.6 percent from a year ago.

On a month-on-month basis, industrial production increased 0.7 percent in July.

Separate data from the statistical office showed that the construction output decreased for a second straight month in July, down 7 percent year-on-year. The fall was the worst since February 2017.

Compared to the previous month, construction output fell a seasonal adjustment 2 percent in July.

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