Money in Slovakia
Slovakia - Money
After the economy expanded at the slowest pace in nearly six years in the third quarter, incoming data for the final quarter of last year is mixed. On the one hand, the unemployment rate was stable in October–November, while credit to households and non-financial corporations grew solidly in November, which should have supported private consumption and fixed investment in the quarter. On the other hand, sentiment in the industrial sector deteriorated in Q4 from the previous quarter against a backdrop of falling production expectations and decreasing order numbers. Moreover, industrial output fell, on average, at a faster clip in October–November compared to Q3 on subdued external demand. That said, confidence in the industrial sector swung back to positive territory in January amid firms’ increased expectations for production in the coming three months, boding well for the first quarter of the year.Slovakia - Money Data
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Money (annual variation in %) | 5.2 | 11.1 | 5.2 | 6.2 | 6.5 |
Slovakia Money Chart
Slovakia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.13 | -4.12 % | Dec 31 |
| Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Slovakia: Economic growth gains speed in Q4
February 14, 2020
The economy picked up pace in the final quarter of 2019.
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Slovakia: Inflation steady in January
February 14, 2020
Consumer prices rose 1.2% in January, contrasting December’s 0.1% fall.
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Slovakia: Industrial production growth slumps to four-month low in December
February 10, 2020
Industrial production plunged 7.1% in December, following November’s 4.4% decline, and thus marking the fifth consecutive month of contracting industrial activity and the fastest contraction since August 2019.
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Slovakia: Inflation steady in December
January 14, 2020
Consumer prices fell 0.1% in December, contrasting November’s 0.2% rise.
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Slovakia: Industrial production contracts for fourth month straight in November
January 10, 2020
Industrial production fell 4.4% in November, following October’s revised 4.0% decline (previously reported: -3.9% year-on-year), and marking the fourth straight month of downturns in industrial activity.
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