Interest Rate in Slovakia

Slovakia Interest Rate | Economic News & Forecasts

Slovakia - Interest Rate

A preliminary estimate for economic activity confirmed growth marginally picked up in the first quarter. Notably, industrial production reported the strongest quarterly showing in over three years, owing to robust output in the all-important automotive sector. In turn, merchandise export growth accelerated in Q1, hinting that net trade supported the overall expansion. On the other hand, expenditure side activity appears to have softened in the quarter. Flagging retail sales, against the backdrop of lower consumer sentiment and higher inflation, suggest that households may have postponed purchases. Moreover, fixed investment likely moderated, as evidenced by deteriorating business sentiment and falling construction activity in Q1. Turning to Q2, household spending is expected to improve somewhat, underpinned by easing price pressures and improved consumer sentiment.

Slovakia - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)0.25  0.05  0.05  0.0  0.0  

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Slovakia Interest Rate Chart


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

Slovakia Facts

ValueChangeDate
Bond Yield0.08-4.12 %Jun 14
Exchange Rate1.120.65 %Jun 14
Stock Market3450.0 %Jun 14

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