INSTANT VIEW 1-Slovak ind output growth surges on auto sector

09.10.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

    BRATISLAVA, Oct 9 (Reuters) - Slovak industrial output rose 
by a real 13.7 percent year-on-year in August, up from 8.3 
percent growth in July, the Slovak Statistics Office said on 
Monday. 
     
 KEU POINTS: 
 INDUSTRIAL OUTPUT       Aug/06      July/06        Aug/05 
 pct change yr/yr         13.7        8.3            4.4 
  
 - Analysts surveyed by Reuters had expected industrial 
output to have risen by 9.5 percent on an annual basis in August 
<SK/ECON04> <SK/ECON09>. 
 - Manufacturing production, which has the strongest weighting in 
the index, rises 17.2 percent on the year in August, more than 
12.7 percent growth in the previous month. 
 - Mining remains in negative territory, falling by 11.7 percent 
after a 15.5 percent drop in July. 
 - Production and distribution of electricity, gas and water 
fell by 3.7 percent, compared with a 14.9 percent drop in July. 
 - Within manufacturing output, car production surged by 70.3 
percent from a year ago, after a 27.6 percent rise in 
July. 
 - The automotive industry is the main pillar of Slovakia's 
economy and swings in its activity can significantly influence 
the country's overall economic performance. 
     
MARKET REACTION: 
- The Slovak crown shows no visible reaction to the data. It is 
quoted at 37.110 to the euro <EURSKK=> at 0700 GMT, just 
after the data were released. It closed at 37.115 late on 
Friday. 
     
    LINKS: 
- For further details on Aug industrial output and other 
past data, Reuters 3000 Xtra users can click on the Slovak 
Statistics Office's website: 
    http://wwww.statistics.sk/webdata/english/index2_a.htm 
     
- For LIVE Slovak economic data releases, click on......<ECONCZ> 
- Schedule of upcoming indicator releases............<SK/ECON09> 
- Summary of short-term economic data forecasts......<SK/ECON04> 
- Stories on Slovak currency moves........................[SKK/] 
- Slovak speed money guide ..............................<CZK/1> 
- Slovak benchmark state bond prices .................<0#SKBMK=> 
- Slovak forward money market rates ....................<SKKFRA> 
  (Reporting by Martin Santa in Bratislava) 
 ((For past economic data and analysts' forecasts, double click 
on <SK/ECON01>)) 
 ((Editing by xxxx xxxxxx; bratislava.newsroom@reuters.com; 
Reuters Messaging: martin.santa.reuters.com@reuters.net; +421 2 
5341 8402)) 
  Keywords: ECONOMY SLOVAKIA OUTPUT  
    

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