Slovakia's construction production expanded at the quickest pace in more than two-and-a-half years in August, data from the Statistical Office of the Slovak Republic showed on Monday.
Construction output surged 12.1 percent year-on-year in August, faster than the 10.3 percent growth in July. Moreover, this was the strongest increase since January 2023.
The acceleration in growth was primarily driven by domestic new construction as well as repairs, including building maintenance, the agency said.
Domestic new construction advanced 7.8 percent compared to last year, and that in repairs and maintenance of buildings grew by 11.4 percent.
On a monthly basis, construction output increased a seasonally adjusted 0.4 percent in August.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.