According to the flash estimate released by the Statistical Office of the Slovak Republic (SOSR), GDP expanded 3.5% over the same quarter of the previous year, which was unchanged from the growth observed in the fourth quarter of 2010. The result came in above market analysts' expectations, which predicted the economy to advance at a slightly slower rate of 3.3% year-on-year. In seasonally adjusted terms, GDP rose by 1.0% quarter-on-quarter (Q4 2010: +0.9% qoq). The statistical institute did not publish detailed decomposition of the gross domestic product by either type of expenditure or sector. A full estimate of national account figures for the first three months of 2011 will be released on 8 June. The Central Bank expects the economy to expand 3.3% in 2011 and 4.5% in 2012.
Economic growth maintains robust pace in Q1
May 13, 2011
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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.