Money in Slovakia
Slovakia - Money
The economy slowed sharply in Q2, as headwinds stemming from the Eurozone’s broad-based slowdown weighed on the country’s external and industrial sectors. Weakness in the EU also dented fixed investment, although overall domestic demand strengthened on a jump in government consumption, sizable restocking by companies and stronger consumer spending. Data for Q3 paints a mixed picture. In July, industrial production rebounded, although exports fell again in the same month, which coupled with souring business confidence in July-August, suggest private sector activity remained subdued. As for household consumption, another drop in the unemployment rate and significant wage growth in July bode well for spending dynamics. In the political arena, on 17 September, Prime Minister Peter Pellegrini survived a no-confidence vote triggered by the opposition, as revelations about the murder of a journalist in 2018 tarnished government members.Slovakia - Money Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Money (annual variation in %) | 6.2 | 5.2 | 11.1 | 5.2 | 6.2 |
Slovakia Money Chart
Slovakia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | -0.36 | -4.12 % | Sep 04 |
| Exchange Rate | 1.10 | 0.65 % | Sep 04 |
| Stock Market | 341 | 0.0 % | Sep 04 |
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Economic News
Slovakia: Inflation ticks up in September
October 16, 2019
Consumer prices inched up 0.1% month-on-month in September, following August’s 0.2% increase.
Slovakia: Industrial production sinks to over three-year low in August
October 10, 2019
Industrial production fell 8.1% year-on-year in August, contrasting July’s 2.8% increase and marking the lowest reading since July 2016.
Slovakia: Inflation dips in August
September 18, 2019
Consumer prices rose 0.2% month-on-month in August, following July’s 0.1% uptick.
Slovakia: Industrial production rebounds in July
September 10, 2019
Industrial production expanded 2.8% year-on-year in July, contrasting June’s 1.9% fall, which had marked an over-two-year low.
Slovakia: Growth dives in Q2 as European headwinds blow external sector off course
September 6, 2019
Growth almost halved in the second quarter of the year, amid a sharp downturn in external demand and despite a stronger domestic economy.
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