Interest Rate in Slovakia

Slovakia Interest Rate | Economic News & Forecasts

Slovakia - Interest Rate

The economy likely lost some momentum in the second quarter, after the auto sector propelled an acceleration in the first quarter. Softer industrial production and falling business confidence due to the wider pullback in the EU indicate a moderation of private sector activity. Nevertheless, consumer spending seemingly remained healthy in Q2: The unemployment rate dropped, wages rose robustly in April-May and consumer confidence improved. That said, employment dropped in May for the first time since September 2012, signaling employers face intensifying skill mismatch problems. Meanwhile, the IMF recently noted wage growth is outpacing productivity, and warned against risks associated with an overdependence on the automotive sector. However, it also highlighted the country’s continued robust growth trajectory and effective macro-prudential measures.

Slovakia - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)-     -     -     -     -     

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Slovakia Interest Rate Chart

Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Slovakia Facts

Bond Yield-0.12-4.12 %Jul 31
Exchange Rate1.110.65 %Jul 31
Stock Market3440.0 %Jul 31

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