According to the flash estimate released by the Statistical Office of the Slovak Republic (SOSR), GDP grew 2.9% over the same quarter of the previous year, which was down from the 3.3% expansion tallied in the second quarter. The result came in a notch below market analysts' expectations that predicted the economy to advance at a slightly faster rate of 3.0% year-on-year. In seasonally adjusted terms, GDP rose by 0.7% quarter-on-quarter (Q2 2011: +0.8% qoq). The Statistics Institute did not publish a detailed breakdown of GDP data. A full estimate of national account figures for the third quarter of 2011 will be released on 6 December. The Central Bank expects the economy to expand 3.4% in 2011 and 3.8% in 2012.
Economy decelerates in the third quarter
November 15, 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.