GDP in Slovakia
Slovakia - GDP
Growth ticks up in Q1
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. On a seasonally-adjusted quarter-on-quarter basis, GDP growth in the first quarter inched up to 0.9%, from Q4’s 0.8% expansion.
Although a breakdown by components is not yet available, upbeat export growth is likely to have underpinned the overall expansion amid strong industrial production in the all-important automotive sector. Private consumption, on the other hand, seems to have eased somewhat, reflected by rising inflation and slower retail sales throughout the quarter.
More detailed data will be released on 6 June.
Met the why particular Consensus Forecast panelists expect growth of 3.6% in 2019, which is down from last month’s forecast. For 2020, the panel projects economic growth will moderate to 3.2%.
Slovakia - GDP Data
|Economic Growth (GDP, annual variation in %)||1.5||2.8||3.9||3.3||3.4|
5 years of economic forecasts for more than 30 economic indicators.
Slovakia GDP Chart
Source: Slovakia Statistical Office (SOSR) and Met the why particular calculations.
|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.