In the third quarter, GDP rose 2.2% over the same period last year, according to the flash estimate released by the Statistical Office of the Slovak Republic (SOSR) on 15 November. The print constituted a deceleration from the 2.6% increase tallied in the second quarter and marked, in fact, the slowest pace of expansion recorded since Q4 2009. On a quarter-on-quarter basis, GDP rose a seasonally adjusted 0.6% over the previous quarter, a notch below the 0.7% increase tallied in the second quarter. More detailed data will be released on 6 December.
Economic activity decelerates to a nearly three-year low
November 15, 2012
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Slovakia GDP Chart
Note: Year-on-year changes of GDP in %.
Source: Statistical Office of the Slovak Republic (SOSR) and FocusEconomics Consensus Forecast.
Slovakia Economic News
October 17, 2016
In September, consumer prices edged up 0.1% over the previous month, which contrasted the 0.1% drop registered in August.
October 11, 2016
In August, industrial production improved notably as it grew 17.5% from the same month last year, which was the highest rise since March 2008.
September 14, 2016
In August, consumer prices fell 0.1% over the previous month, which followed the 0.4% drop registered in July.
September 12, 2016
Industrial production dropped 14.3% annually in July, which contrasted the revised 2.3% expansion in June (previously reported: +2.2% year-on-year).
August 18, 2016
In July, consumer prices plunged 0.4% over the previous month, which contrasted the 0.1% rise tallied in June.