Slovakia's industrial output grew by 2.2% year-on-year (y-o-y) in November, according to the Slovak Statistics Office. Of the 15 monitored industrial branches, nine reported y-o-y growth in output, while six were below the level reported in November 2019. As for more specific details, industrial output in November was influenced by growth in the production of transport facilities, going up by 3.4% y-o-y, as well as two-digit increases in the power sector, with supplies of electricity and gas going up by 14.1% and the production of metals by 13.9%. A high rate of growth was also seen in some components that are less important in terms of their share of overall production, in particular in the production of chemicals, which went up by 44.4%, and in the production of electric appliances, which rose by 3.9%. After seasonal adjustments, industrial output in November grew by 3.1% from October.
In the first eleven months of the year, meanwhile, industrial production was down by 10.3% y-o-y, chiefly due to a drop in industrial manufacturing, which went down by 12.8% y-o-y. Conversely, supplies of electricity, gas, steam and air conditioning increased by 12.8%, and production in mining and quarrying rose by 6.2%.
