(last updated June 8)
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 Q1/07 Q4/06 Q1/06 FY/06
(pct change yr/yr) +9.0 +9.6 +6.7 +8.3
Final consumption
Household +6.5 +6.1 +6.6 +6.3
Government +2.4 +2.3 +7.8 +4.1
Gross fixed capital
formation +7.7 +7.0 +13.8 +7.3
Foreign trade balance
exports of goods
and services +24.1 +22.6 +17.7 +20.7
imports of goods
and services +17.7 +15.3 +19.6 +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-MARCH/07 JAN-MARCH/06
(SKK bln) +0.7 -23.2
C/A BALANCE JAN-FEB/07 JAN/07 JAN-FEB/06
(SKK bln)
Total +6.4 +8.5 -15.9
Foreign trade +1.9 +4.9 -18.3
Service +0.2 -0.1 +2.6
Income balance +2.1 +1.4 -1.2
Current transfers +2.1 +2.3 +0.9
FOREIGN TRADE MARCH 07 FEB 07 MARCH 06 JAN-DEC 06
(SKK bln)
Imports 123.637 110.443 106.309 1,333.489
Exports 119.046 107.502 101.535 1,240.389
Balance -4.591 -2.941 -4.774 -93.100
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports 16.3 15.8 26.4 24.5
nominal exports 17.2 26.6 32.6 24.7
SLOVAK HEADLINE CPI APRIL 07 MARCH 07 APRIL 06
pct change mo/mo +0.2 0.0 +0.3
pct change yr/yr +2.7 +2.7 +4.5
SLOVAK CORE CPI
pct change mo/mo +0.2 0.0 +0.2
pct change yr/yr +2.6 +2.5 +2.4
SLOVAK EU-NORM INFLATION APRIL 07 MARCH 07 APRIL 06
pct change mo/mo 0.3 0.1 0.3
pct change yr/yr 2.0 2.1 4.4
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 APRIL 07 MARCH 07 APRIL 06
pct change month/month -0.3 0.0 +0.6
pct change year/year +2.2 +3.1 +9.8
*INDUSTRIAL OUTPUT APRIL 07 MARCH 07 APRIL 06
pct change yr/yr +14.9 +12.6 +5.7
*CONSTRUCTION OUTPUT APRIL 07 MARCH 07 APRIL 06
pct change yr/yr +14.1 +16.1 +11.6
*SELECTED SECTOR SALES APRIL 07 MARCH 07 APRIL 06 JAN-DEC 06
(pct change yr/yr)
Retail sales 6.2 6.0 8.6 8.8
Hotels and restaurants -1.6 0.2 22.4 14.5
Vehicle sales
and maintenance 28.4 28.2 11.9 13.6
*SLOVAK INDUSTRIAL WAGES APRIL 07 MARCH 07 APRIL 06 JAN-DEC 06
real pct change yr/yr 5.5 4.6 2.8 2.2
nominal pct change yr/yr 8.3 7.4 7.4 6.8
SLOVAK AVG WAGES Q1/07 Q4/06 Q1/06 FY/06
real pct change yr/yr +4.2 +3.9 +2.7 3.3
nominal pct change yr/yr +7.1 +8.2 +7.1 8.0
SLOVAK UNEMPLOYMENT APRIL 07 MARCH 07 APRIL 06
pct of workforce 8.5 8.89 11.04
number of available jobless 221,018 231,161 282,473
SLOVAK GROSS FOREIGN DEBT
($ million) END-FEB/07 END-JAN/07
TOTAL 32,176.7 31,279.6
LONG TERM DEBT 16,125.4 15,444.4
(of which)
Govt and central bank 6,841.5 6,683.8
Commercial banks 1,699.8 1,529.0
Corporates 7,584.1 7,231.6
SHORT TERM DEBT 16,051.3 15,835.2
(of which)
Govt and central bank 65.1 64.8
Commercial banks 6,579.7 7,005.3
Corporates 9,406.5 8,765.1
SLOVAK FOREIGN RESERVES MAY 23 MAY 16 MAY 9
($ million)
Central Bank 17,602.6 17,702.1 17,786.5
Commercial banks 2,307.3 3,295.7 2,309.4
Total banking sector 19,909.9 20,997.8 20,095.9
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 +8.1 +5.6 +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.