...
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.