Slovakia GDP


Slovakia: Economic activity decelerates to a nearly three-year low

November 15, 2012

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.

Author: Ricard Torné, Head of Economic Research

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Slovakia GDP Chart

Slovakia GDP Q3 2012

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

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