Current Account in Slovakia
Slovakia - Current Account (billions of Euros)Growth seems to have picked up in Q1, following a deceleration in the final quarter of 2018. Industrial output gained steam at the outset of the year, powered by strong production in the all-important automotive sector. In turn, export growth accelerated in January and February. That said, the pick-up in overall activity might be short-lived as key indicators began to flag in March largely due to weaker dynamics in major European economies. Business sentiment nose-dived in March, as did exports, pointing to hiccups in manufacturing at the end of Q1. Moreover, rising inflation, coupled with ebbing retail sales, suggest consumption might have eased somewhat throughout the quarter. In politics, on 30 March, Zuzana Caputova won the presidential race on an independent platform amid increasing disaffection with Smer, Slovakia’s ruling party.
Slovakia - Current Account (EUR bn) Data
|Current Account Balance (EUR bn)||1.4||0.9||-1.4||-1.2||-1.8|
5 years of economic forecasts for more than 30 economic indicators.
Slovakia Current Account (EUR bn) Chart
Source: Bank of Slovakia.
|Bond Yield||0.28||-4.12 %||May 13|
|Exchange Rate||1.12||0.65 %||May 13|
|Stock Market||365||0.0 %||May 13|
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May 17, 2019
Consumer prices rose 0.2% month-on-month in April, down from March’s 0.6% increase.
May 15, 2019
In the first quarter of the year, economic growth edged up to 3.7% on an annual basis (Q4 2018: +3.6% year-on-year), according to preliminary data released by the Central Statistics Office (KSH) on 15 May.
May 11, 2019
Industrial production rose 7.3% on an annual basis in March, accelerating from February’s 5.6% increase.
April 17, 2019
Consumer prices rose 0.6% month-on-month in March, up from February’s 0.2% increase.
April 11, 2019
Industrial production rose 5.6% on an annual basis in February, moderating from January’s 7.2% increase.