Money in Slovakia
Slovakia - MoneyActivity seemed to slow somewhat in Q3, following Q2’s substantial growth figure. Industrial exports, an important driver of the country’s economy, were likely affected by ongoing supply bottlenecks, with industrial production contracting in August in seasonally-adjusted month-on-month terms and export growth slowing markedly in July–August. Moreover, private consumption, one of the main drivers of growth in Q2, could have been dampened by price pressures as harmonized inflation hit a more than nine-year high in September. Moving on to Q4, Covid-19 cases have surged amid a low vaccination rate, with fresh restrictions imposed on some regions in October boding poorly for activity ahead. In politics, the government recently published its 2022 budget, which sets out a tighter but still supportive fiscal stance.
Slovakia - Money Data
|Money (annual variation in %)||11.1||5.2||6.2||6.5||8.9|
5 years of economic forecasts for more than 30 economic indicators.
Slovakia Money Chart
|Bond Yield||0.13||-4.12 %||Dec 31|
|Exchange Rate||1.12||0.65 %||Dec 31|
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October 14, 2021
Consumer prices increased 0.82% in September over the previous month, picking up from August's 0.38% rise.
October 11, 2021
Industrial production rose 0.9% year-on-year in August (July: +7.8% yoy).
September 17, 2021
Consumer prices rose 0.38% in August over the previous month, a smaller increase than the 0.50% rise seen in July.
September 10, 2021
Industrial output rose 7.8% year-on-year in July (June: +13.8% yoy).
September 3, 2021
A second reading confirmed 17 August’s flash estimate of 9.6% GDP growth year-on-year in the second quarter, up from 0.2% in the first quarter.