(last updated March 14) NEW LISTINGS OR AMENDMENTS ARE MARKED* KEY INTEREST RATES OVERNIGHT REPO TWO-WEEK REPO rate (pct) 3.25/6.25 4.75 last changed SEPT 25, 2006 SEPT 25, 2006 former rate (pct) 3.00/6.00 4.50 SLOVAK REAL GDP Q4/06 Q3/06 Q4/05 FY/06 (pct change yr/yr) +9.6 +9.8 +7.5 +8.3 Final consumption Household +6.1 +6.5 +6.5 +6.3 Government +2.3 +1.2 -2.2 +4.1 Gross fixed capital formation +7.0 +6.7 +24.4 +7.3 Foreign trade balance exports of goods and services +22.6 +23.8 +16.6 +20.7 imports of goods and services +15.3 +22.9 +21.7 +17.8 SLOVAK REAL GDP 2002 2003 2004 2005 (pct change yr/yr) +4.1 +4.2 +5.4 +6.0 Final consumption Household +5.2 +0.1 +3.8 +7.2 Government +5.2 +3.9 +2.0 -0.6 Gross fixed capital formation +0.3 -2.3 +5.0 +17.5 Foreign trade balance exports of goods and services +4.7 +15.9 +7.9 +13.8 imports of goods and services +4.6 +7.6 +8.8 +16.6 C/A BALANCE JAN-DEC 06 JAN-DEC 05 (SKK bln) -129.6 -126.89 C/A BALANCE JAN-NOV 06 JAN-OCT JAN-NOV 05 (SKK bln) Total -122.2 -113.9 -82.9 Foreign trade -79.6 -71.0 -49.7 Service +14.5 +14.8 +9.7 Income balance -55.8 -56.3 -43.6 Current transfers -1.3 -1.4 -0.6 *FOREIGN TRADE JAN 07 DEC 06 JAN 06 JAN-DEC 06 (SKK bln) Imports 106.977 111.276 89.464 1,330.986 Exports 110.959 98.969 81.274 1,239.359 Balance +3.982 -12.306 -8.191 -91.627 DYNAMICS OF TRADE (pct y/y change in SKK terms) nominal imports 19.6 1.9 31.0 24.3 nominal exports 36.5 19.3 22.3 24.6 SLOVAK HEADLINE CPI FEB 07 JAN 07 FEB 06 pct change mo/mo +0.2 +1.0 +0.6 pct change yr/yr +2.7 +3.0 +4.4 SLOVAK CORE CPI pct change mo/mo +0.3 +1.3 +0.7 pct change yr/yr +2.5 +2.9 +2.2 SLOVAK EU-NORM INFLATION JAN 07 DEC 06 JAN 06 pct change mo/mo +0.5 +0.1 +1.9 pct change yr/yr +2.2 +3.7 +4.1 CENTRAL STATE BUDGET end-FEB 07 end-FEB 06 FY 2007 PLAN (SKK bln) revenues 46.007 50.400 310.472 expenditure 54.537 44.053 348.858 balance -8.530 6.347 -38.386 PRODUCER PRICES JAN 07 DEC 06 JAN 06 pct change month/month -0.5 -0.8 +1.4 pct change year/year +3.4 +5.4 +8.7 INDUSTRIAL OUTPUT JAN 07 DEC 06 JAN 06 pct change yr/yr +17.5 +9.0 +6.3 CONSTRUCTION OUTPUT JAN 07 DEC 06 JAN 06 pct change yr/yr +24.1 +17.6 +4.6 SELECTED SECTOR SALES JAN 07 DEC 06 JAN 06 JAN-DEC 06 (pct change yr/yr) Retail sales 0.9 7.4 6.6 8.8 Hotels and restaurants -0.5 0.8 25.3 14.5 Vehicle sales and maintenance 38.6 14.3 7.3 13.6 SLOVAK INDUSTRIAL WAGES JAN 07 DEC 06 JAN 06 JAN-DEC 06 real pct change yr/yr +8.6 +4.2 +0.6 +2.2 nominal pct change yr/yr +11.9 +8.6 +4.7 +6.8 SLOVAK INDUSTRIAL WAGES DEC 06 NOV 06 DEC 05 JAN-DEC 06 real pct change yr/yr +0.6 +0.5 +3.1 +1.2 nominal pct change yr/yr +4.8 +4.8 +6.9 +5.8 SLOVAK AVG WAGES Q4/06 Q3/06 Q4/05 FY/06 real pct change yr/yr 3.9 2.7 4.7 3.3 nominal pct change yr/yr 8.2 7.7 8.4 8.0 SLOVAK UNEMPLOYMENT JAN 07 DEC 06 JAN 06 pct of available workforce 9.45 9.40 11.82 SLOVAK GROSS FOREIGN DEBT ($ million) END-NOV/06 END-OCT/06 TOTAL 31,521.1 30,458.6 LONG TERM DEBT 16,744.0 15,548.6 (of which) Govt and central bank 7,696.4 7,278.2 Commercial banks 1,494.0 1,342.8 Corporates 7,553.6 6,927.6 SHORT TERM DEBT 14,771.1 14,910.0 (of which) Govt and central bank 0.0 0.0 Commercial banks 5,415.1 6,036.8 Corporates 9,362.0 8,873.2 SLOVAK FOREIGN RESERVES MARCH 7 FEB 28 FEB 21 ($ million) Central Bank 13,956.9 14,080.6 13,993.1 Commercial banks 2,699.9 2,182.5 3,045.4 Total banking sector 16,656.8 16,263.1 17,038.5 NOTE: Reserves data are calculated according to methodology compatible with European Central Bank standards. ECONOMIC FORECASTS GDP CPI C/A DATE '06 '07 '06 '07 '06 '07 FinMin +7.9 +8.1 +4.5 +2.2 -7.7 -3.8 Jan 31 Cbank +8.2 +8.6 +3.7 +1.5 -6.7 -4.3 Jan 30 OECD +8.2 +8.0 +4.5 +2.8 -6.4 -3.9 Nov 28 EU +6.7 +7.2 +4.5 +3.4 n/f n/f Nov 6 Notes: FinMin - Finance Ministry NBS - National Bank of Slovakia OECD - Organisation for Economic Cooperation and Development EU - European Union GDP - Real gross domestic product growth (pct change yr/yr) CPI - Average annual change in consumer price index (pct). C/A - Current account deficit (pct of GDP) DATE - The date of the forecast release. ((Bratislava Newsroom, 421-2-5341-8402, fax 421-2-5341-8403, editorial@reuters.sk))