Exchange Rate in Slovakia
Slovakia - Exchange Rate
A preliminary estimate suggests growth decelerated in the fourth quarter, likely reflecting the deteriorating European backdrop. Industrial production slowed amid the wider regional downturn, bruising export growth in the quarter. Domestic demand, however, appeared upbeat in Q4 as lower inflation and a tight labor market propelled retail sales. Meanwhile, business confidence within the industrial sector dipped into negative territory in January, even though new orders in the all-important automotive industry should cushion any further pullback in industrial production over the coming months. In other news, Donald Trump struck fear into European carmakers on 20 February by threatening to impose import tariffs on cars. The move would deal a big blow to the Slovak industrial sector, as it is deeply linked to the European supply chain.Slovakia - Exchange Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD) | 1.38 | 1.21 | 1.09 | 1.05 | 1.20 |
Slovakia Exchange Rate Chart
Source: Thomson Reuters.
Slovakia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.45 | -4.12 % | Mar 11 |
| Exchange Rate | 1.12 | 0.65 % | Mar 11 |
| Stock Market | 343 | 0.0 % | Mar 11 |
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Economic News
Slovakia: Industrial production jumps in January
March 11, 2019
Industrial production rose 7.2% on an annual basis in January, markedly up from December’s revised 4.3% increase (previously reported: +3.1% year-on-year).
Slovakia: Growth softens in Q4 amid a gloomier European backdrop
March 7, 2019
Detailed national accounts data released on 7 March showed that the economy grew 3.6% year-on-year in the fourth quarter, moderating from the third quarter’s 4.6% expansion and in line with analysts’ expectations.
Slovakia: Harmonized inflation rises in January
February 22, 2019
Consumer prices rose 1.1% month-on-month in January, up from December’s 0.1% fall.
Slovakia: Growth decelerates sharply in Q4 to over one-year low
February 14, 2019
Economic growth appears to have hit the brakes in the fourth quarter.
Slovakia: Industrial production at a 9-month low in December
February 11, 2019
Industrial production rose 3.1% on an annual basis in December, a tad below November’s 3.3% rise.
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