Money in Slovakia
Slovakia - MoneyOn the heels of a robust third quarter, momentum appears to have partly carried over into the fourth quarter, powered by strong domestic activity. Retail sales surged in the October-November period, buttressed by softer price pressures and the unemployment rate hitting a new historical low. Meanwhile, fixed investment likely softened at year-end, with major projects within the all-important car industry wrapping up. On the supply front, industrial production lost steam in November, after seven months of impressive expansion. This was a result of slower demand from Germany, a key partner in the European automobile supply chain. Exports consequently decelerated somewhat in Q4, whereas a rise in imports is seen weighing on external gains. In the political arena, a new employment law came into effect on 1 January, including a rise in the minimum wage which should support household spending ahead.
Slovakia - Money Data
|Money (annual variation in %)||6.2||5.2||11.1||5.2||6.2|
5 years of economic forecasts for more than 30 economic indicators.
Slovakia Money Chart
|Bond Yield||0.55||-4.12 %||Feb 21|
|Exchange Rate||1.13||0.65 %||Feb 21|
|Stock Market||339||0.0 %||Feb 21|
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February 14, 2019
Economic growth appears to have hit the brakes in the fourth quarter.
February 11, 2019
Industrial production rose 3.1% on an annual basis in December, a tad below November’s 3.3% rise.
January 15, 2019
Consumer prices dropped 0.1% month-on-month in December, matching November’s reading.
January 11, 2019
Industrial production rose 3.3% on an annual basis in November, decelerating from October’s logged 6.2% increase.
December 14, 2018
Consumer prices dropped 0.1% month-on-month in November, contrasting October’s 0.1% increase.