BRATISLAVA, May 11, (WEBNOVINY) – Sales in Slovak industry moderately slowed their growth pace in the third month of this year, going up 8.7 percent y/y to EUR 7.397 billion. In February they surged 10.4 percent, which was the highest growth since last August. Sales in industry swelled 0.7 percent m/m, reported the Statistics Office of the Slovak Republic.
The growth of sales in industry was influenced mainly by a 29.9-percent increase in sales of means of transport and a 10.6-percent growth in supply of computer, electronic and optical devices. Sales bolstered in other production, maintenance and installation of machinery and devices by 4.2 percent, in production of textiles, clothing, leather ad leather products by 3.9 percent and in production of rubber and plastic materials and other non-metallic mineral products by 1 percent. Sales plummeted mainly in the production of machinery and devices not classified elsewhere by 4.2 percent and in production of chemicals and chemical products by 4.9 percent.
Sales in construction industry considerably dwindled for the third consecutive month. Construction companies posted sales of EUR 476.3 million, which was 19.4 percent less in annualized terms. Sales in transport and storage industry came down after reporting a y/y growth on long run, by 1.9 percent to EUR 559.3 million. The annual sales increase in information and telecommunications technologies (ICT) decelerated. The indicator surged by 8.3 percent to EUR 421 million. Sales in selected market services continued to grow significantly by 14.9 percent to EUR 935.3 million.
Over the first three months of this year sales in industry surged 8.8 percent to EUR 20.569 billion while sales of construction firms dropped 14.7 percent to EUR 1.206 billion. Sales in industry grew 10.8 percent to over EUR 77 billion in 2011. The growth rate in 2010 exceeded 19 percent.
SITA
