INSTANT VIEW 1-Slovak output rises more than forecast in April

                                
 BRATISLAVA, June 8 (Reuters) - Slovakia's industrial output
jumped by 21.0 percent year-on-year in April, growing for a
sixth consecutive month after annual growth of 19.2 percent in
March, the Slovak Statistics Office said on Tuesday.
                                
 Manufacturing production, which has the strongest weighting
in the index, rose by 23.7 percent after a 20.9 percent
increase.
                                
 The statistics office said machinery and equipment
manufacturing, with a 73.1 percent rise, and car production
jumping by 63.8 percent were the key drivers in April.
                                
 The small euro zone economy was badly hit by the global
downturn last year as demand for its key export goods, such as
cars and electronics, dried up in Europe. The global recovery is
now fuelling the rebound.
                                
 The 63-billion euro economy contracted by 4.7 percent in
2009, with the recession curbing state revenues and increasing
government borrowing needs. It is expected to return to growth
this year.
                                
 
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 KEY POINTS:
 INDUSTRIAL OUTPUT      APRIL 10          APRIL 10 FCAST
 pct change yr/yr       +21.0                +18.8
 (for the full April table pls see .... [ID:nPRG004187]
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 INDUSTRIAL OUTPUT:
- Within manufacturing output, car production is up by 63.8
percent from a year ago compared with a 43.2 percent rise in
March.
- Electronics and optical goods, traditionally a strong driver
of the overall output, are down by 9.2 percent, compared with a
10.5 percent drop in March.
- Mining rises by 2.1 percent, after a 15.5 percent increase in
March.
- Production and distribution of electricity, gas and water
is up by 11.6 percent, compared with a rise of 12.2 percent in
March.
                                
 
LINKS:
- For further details on April 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......<ECONSK>
- Schedule of upcoming indicator releases............<SK/ECON09>
- Summary of short-term economic data forecasts......<SK/ECON04>
- Slovak benchmark state bond prices .................<0#SKBMK=>