Exchange Rate in Slovakia
Slovakia - Exchange RateThe economy posted a healthy year-on-year growth figure in Q2. The improved performance was partly the result of a base effect, but was also rooted in the gradual lightening of restrictions abroad, which unleashed rapid growth in industrial production and goods exports underpinned by the all-important car industry. Moreover, looser restrictions at home boosted domestic demand, as retail sales shot up amid lower unemployment and rising consumer confidence. Turning to Q3, prospects remain fairly rosy, even though economic sentiment soured in July as supply bottlenecks and inflationary pressures began to bite. Moreover, the vaccination rate is lagging behind the EU average, which raises the risk of a spike in Covid-19 cases that could limit economic momentum.
Slovakia - Exchange Rate Data
|Exchange Rate (vs USD)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Slovakia Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||0.13||-4.12 %||Dec 31|
|Exchange Rate||1.12||0.65 %||Dec 31|
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September 17, 2021
Consumer prices rose 0.38% in August over the previous month, a smaller increase than the 0.50% rise seen in July.
September 10, 2021
Industrial output rose 7.8% year-on-year in July (June: +13.8% yoy).
September 3, 2021
A second reading confirmed 17 August’s flash estimate of 9.6% GDP growth year-on-year in the second quarter, up from 0.2% in the first quarter.
August 17, 2021
Economic growth picked up markedly in the second quarter, with GDP increasing 9.6% on an annual basis according to a preliminary estimate (Q1: +0.2% year-on-year).
August 13, 2021
Consumer prices increased 0.50% over the previous month in July, below the 0.60% rise logged in June.