Unemployment in Slovakia
Slovakia - UnemploymentAfter 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 - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Slovakia Unemployment Chart
Source: Slovakia Statistical Office (SOSR).
|Bond Yield||0.13||-4.12 %||Dec 31|
|Exchange Rate||1.12||0.65 %||Dec 31|
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February 14, 2020
The economy picked up pace in the final quarter of 2019.
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.
January 14, 2020
Consumer prices fell 0.1% in December, contrasting November’s 0.2% rise.
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.
December 18, 2019
Consumer prices rose 0.2% in November, contrasting October’s 0.1% fall.