Slovakia: GDP decelerates at the end of 2012
February 13, 2013
According to a flash estimate of the Statistical Office of the Slovak Republic (SOSR), in the fourth quarter, GDP expanded 0.7% over the same period of the previous year. The print was down from the 2.1% rise tallied in the third quarter and marked the slowest growth rate recorded since Q4 2009.
A quarter-on-quarter comparison corroborates the deceleration suggested by annual data, as GDP rose a seasonally adjusted 0.2% in Q4, down from the 0.6% increase recorded in Q3. Updated results for GDP will be released on 6 March.