(last updated May 9)
NEW LISTINGS OR AMENDMENTS ARE MARKED*
KEY INTEREST RATES OVERNIGHT REPO TWO-WEEK REPO
...
...rate (pct) 2.25/5.75 4.25
last changed APRIL 24, 2007 APRIL 24, 2007
former rate (pct) 2.50/6.00 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 07 JAN 07
(SKK bln) +7.7 -9.14
C/A BALANCE JAN-DEC 06 JAN-NOV 06 JAN-DEC 05
(SKK bln)
Total -135.6 -122.2 -126.9
Foreign trade -91.6 -79.6 -76.0
Service +19.7 +14.5 +9.9
Income balance -62.1 -55.8 -61.3
Current transfers -1.6 -1.3 +0.5
FOREIGN TRADE FEB 07 JAN 07 FEB 06 JAN-DEC 06
(SKK bln)
Imports 110.296 105.048 95.341 1,333.489
Exports 108.242 109.929 84.932 1,240.389
Balance -2.054 +4.881 -10.409 -93.100
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports 15.7 17.5 27.3 24.5
nominal exports 27.4 35.5 20.4 24.7
SLOVAK HEADLINE CPI MARCH 07 FEB 07 MARCH 06
pct change mo/mo 0.0 +0.2 0.0
pct change yr/yr +2.7 +2.7 +4.5
SLOVAK CORE CPI
pct change mo/mo 0.0 +0.3 0.0
pct change yr/yr +2.5 +2.5 +2.4
SLOVAK EU-NORM INFLATION MARCH 07 FEB 07 MARCH 06
pct change mo/mo +0.1 +0.1 0.0
pct change yr/yr +2.1 +2.0 +4.3
CENTRAL STATE BUDGET JAN-APRIL/07 JAN-APRIL/06 FY 2007 PLAN
(SKK bln)
revenues 107.414 95.773 310.472
expenditure 108.931 95.593 348.858
balance -1.517 0.180 -38.386
PRODUCER PRICES MARCH 07 FEB 07 MARCH 06
pct change month/month 0.0 +1.8 +0.7
pct change year/year +3.1 +3.8 +9.9
*INDUSTRIAL OUTPUT MARCH 07 FEB 07 MARCH 06
pct change yr/yr +12.5 +15.4 +14.4
*CONSTRUCTION OUTPUT MARCH 07 FEB 07 MARCH 06
pct change yr/yr +16.1 +25.6 +18.0
SELECTED SECTOR SALES FEB 07 JAN 07 FEB 06 JAN-DEC 06
(pct change yr/yr)
Retail sales 4.6 0.9 6.5 8.8
Hotels and restaurants 0.9 -0.5 18.9 14.5
Vehicle sales
and maintenance 34.1 38.6 9.7 13.6
SLOVAK INDUSTRIAL WAGES FEB 07 JAN 07 FEB 06 JAN-DEC 06
real pct change yr/yr +9.1 +8.6 -6.5 +2.2
nominal pct change yr/yr +12.0 +11.9 -2.4 +6.8
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 MARCH 07 FEB 07 MARCH 06
pct of workforce 8.89 9.20 11.48
number of available jobless 231,161 239,170 293,792
SLOVAK GROSS FOREIGN DEBT
($ million) END-DEC/06 END-NOV/06
TOTAL 32,205.9 31,521.1
LONG TERM DEBT 16,649.7 16,744.0
(of which)
Govt and central bank 7,702.1 7,696.4
Commercial banks 1,559.2 1,494.0
Corporates 7,338.4 7,553.6
SHORT TERM DEBT 15,556.2 14,771.1
(of which)
Govt and central bank 0.0 0.0
Commercial banks 6,148.8 5,415.1
Corporates 9,407.4 9,362.0
SLOVAK FOREIGN RESERVES MAY 2 APRIL 25 APRIL 18
($ million)
Central Bank 17,759.5 17,739.3 17,729.6
Commercial banks 2,224.1 2,426.3 4,403.0
Total banking sector 19,983.6 20,165.6 22,132.6
NOTE: Reserves data are calculated according to methodology
compatible with European Central Bank standards.
ECONOMIC FORECASTS
GDP EU-NORM CPI C/A DATE
'07 '08 '07 '08 '07 '08
FinMin +5.6 +5.1 +1.9 +2.4 -2.7 -2.0 April 25
Cbank +8.9 +7.4 +1.3 +2.0 -4.3 -2.7 April 29
EC +8.5 +6.5 May 7
Notes:
FinMin - Finance Ministry
NBS - National Bank of Slovakia
EC - European Commission of the European Union
GDP - Real gross domestic product growth (pct change yr/yr)
CPI - Average annual change in consumer price index, calculated under the EU
methodology (pct).
C/A - Current account deficit (pct of GDP)
DATE - The date of the forecast release.