Slovakia GDP


GDP growth accelerates in the second quarter

In the second quarter, GDP expanded 0.9% over the same period of the previous year, according to a flash estimate from the Statistical Office of the Slovak Republic (SOSR). The print was up from the 0.6% rise tallied in Q1 and marked the slowest growth rate recorded since Q3 2012.

A quarter-on-quarter comparison corroborates the deceleration suggested by annual data, as GDP rose a seasonally adjusted 0.3% in Q2, up from the 0.2% increase recorded in Q1. Updated results for GDP will be released on 9 September.


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Slovakia GDP Chart

Slovakia GDP Q2 2013

Note: Year-on-year changes of GDP in %.
Source: Statistical Office of the Slovak Republic (SOSR) and FocusEconomics Consensus Forecast.

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