Fiscal Balance in Slovakia
Slovakia - Fiscal BalanceGDP growth rose marginally in the third quarter, as an improvement in consumer sentiment, strong wage growth and continued job gains buttressed consumer spending. However, fixed investment contracted, following a surge in the previous quarter, likely due to cooling business confidence and rising interest rates. According to available indicators, the economy is set to record another quarter of healthy, albeit softer expansion in Q4, again supported by strong private consumption: Retail sales soared and the labor market remained tight in October, while consumers became much less pessimistic in October-November. On the production side, industrial output gained speed in October, while construction continued to surge in the month. In its latest report on the stability of the financial sector, released in early December, the Central Bank suggested that it may further increase the countercyclical capital buffer for banks next year in order to restrain credit growth and prevent economic overheating.
Slovakia - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-2.7||-2.7||-2.7||-2.2||-1.0|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||0.62||-4.12 %||Jan 16|
|Exchange Rate||1.14||0.65 %||Jan 16|
|Stock Market||337||0.0 %||Jan 16|
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January 15, 2019
Consumer prices dropped 0.1% month-on-month in December, matching November’s reading.
January 10, 2019
Industrial production rose 3.3% on an annual basis in November, decelerating from October’s logged 6.2% increase.
December 14, 2018
Consumer prices dropped 0.1% month-on-month in November, contrasting October’s 0.1% increase.
December 11, 2018
Industrial production expanded 1.2% year-on-year in October, up from September’s mediocre 0.4% increase.
December 10, 2018
Detailed national accounts data released on 7 December showed that the economy grew 4.6% year-on-year in the third quarter, sustained by stronger consumer spending, confirming the preliminary estimate.