Slovakia's industrial production decreased at the steepest pace in three years in December, data from the Statistical Office of the Slovak Republic showed on Tuesday.
Industrial production fell 8.5 percent year-on-year in December, much faster than the 4.5 percent decline in November. Moreover, this was the sharpest contraction since December 2022, when production had slumped 12.0 percent.
The downturn was primarily attributed to a 26.0 percent sharp contraction in the electricity and gas supply sector. Manufacturing output decreased 4.5 percent, and mining and quarrying production tumbled by 22.1 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.