According to the latest data updated on September 10, 2024, Slovakia’s industrial production experienced a remarkable rebound in July 2024 with a year-on-year increase of 5.4%. This surge marks a significant turnaround from the June 2024 performance, which saw industrial production contract by 2.4% compared to the same month in the previous year.The positive shift in July indicates a strong recovery and underscores the industrial sector’s resilience. Analysts attribute this growth to various factors, including increased demand in key manufacturing sectors and improvements in supply chain efficiencies. The previous contraction in June had raised concerns, but the latest figures provide reassurance that the sector is back on a positive growth trajectory.As Slovakia continues to navigate through the global economic landscape, the July data offers a promising outlook for the country’s industrial capabilities. Market observers will be keen to see if the momentum can be sustained in the upcoming months.The material has been provided by InstaForex Company – www.instaforex.com
- France’s HICP Growth Slightly Eases in September: A Year-Over-Year Analysis - October 15, 2024
- France’s Harmonized Consumer Prices Index Dips in September 2024, Marking a Significant Economic Shift - October 15, 2024
- French Inflation Faces Sharp Decline in September: CPI Records -1.3% - October 15, 2024
