(last updated Sept 4)
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 Q2/07 Q1/07 Q2/07 fcast
(pct change y/y) +9.4 +9.0 +9.4
*SLOVAK REAL GDP Q2/07 Q1/07 Q2/06 FY/06
(pct change yr/yr) +9.4 +9.0 +6.7 +8.3
Final consumption
Household +7.3 +6.5 +5.9 +6.3
Government +1.1 +2.4 +6.6 +4.1
Gross fixed capital
formation +6.3 +7.7 +3.6 +7.3
Foreign trade balance
exports of goods
and services +18.0 +24.1 +18.1 +20.7
imports of goods
and services +14.1 +17.7 +14.0 +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-JUNE/07 JAN-JUNE/06
(SKK bln) -19.1 -61.87
C/A BALANCE JAN-MAY/07 JAN-MAY/06
(SKK bln)
Total -17.1 -54.4
Foreign trade -6.3 -39.3
Service +4.6 +7.8
Income balance -8.8 -21.7
Current transfers -6.5 -1.2
FOREIGN TRADE JUNE 07 MAY 07 JUNE 06 JAN-DEC 06
(SKK bln)
Imports 120.714 125.636 113.706 1,333.489
Exports 116.202 121.359 108.908 1,240.389
Balance -4.513 -4.277 -4.799 -93.100
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports 6.2 12.6 26.8 25.3
nominal exports 6.7 16.8 26.2 25.3
SLOVAK EU-NORM INFLATION JULY 07 JUNE 07 JULY 06
pct change mo/mo -0.1 +0.1 +0.1
pct change yr/yr +1.2 +1.5 +5.0
SLOVAK HEADLINE CPI JULY 07 JUNE 07 JULY 06
pct change mo/mo 0.0 +0.3 +0.2
pct change yr/yr +2.3 +2.5 +5.0
SLOVAK CORE CPI
pct change mo/mo -0.1 +0.4 0.0
pct change yr/yr +2.4 +2.5 +2.8
CENTRAL STATE BUDGET JAN-AUG 07 JAN-AUG 06 FY 2007 PLAN
(SKK bln)
revenues 206.309 188.882 310.472
expenditure 205.907 194.598 348.858
balance 0.402 -5.716 -38.386
PRODUCER PRICES JULY 07 JUNE 07 JULY 06
pct change month/month +0.5 +0.3 +0.5
pct change year/year +1.3 +1.3 +8.9
INDUSTRIAL OUTPUT JUNE 07 MAY 07 JUNE 06
pct change yr/yr +12.0 +17.4 +12.0
CONSTRUCTION OUTPUT JUNE 07 MAY 07 JUNE 06
pct change yr/yr +1.7 +5.0 +16.3
SELECTED SECTOR SALES JUNE 07 MAY 07 JUNE 06 JAN-DEC 06
(pct change yr/yr)
Retail sales 7.5 9.7 10.7 8.8
Hotels and restaurants -2.2 -1.9 14.4 14.5
Vehicle sales
and maintenance 13.6 28.6 16.4 13.6
SLOVAK INDUSTRIAL WAGES JUNE 07 MAY 07 JUNE 06 JAN-DEC 06
real pct change yr/yr 2.3 6.8 2.2 2.2
nominal pct change yr/yr 4.9 9.3 6.9 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 JULY 07 JUNE 07 JULY 06
pct of workforce 8.30 8.33 10.20
number of available jobless 215,789 216,518 260,918
SLOVAK GROSS FOREIGN DEBT
($ million) END-MAY/07 END-APRIL/07
TOTAL 36,690.5 37,027.9
LONG TERM DEBT 18,432.6 17,648.6
(of which)
Govt and central bank 9,017.0 7,887.4
Commercial banks 1,845.2 1,831.9
Corporates 7,570.4 7,929.3
SHORT TERM DEBT 18,257.9 19,379.3
(of which)
Govt and central bank 0.0 0.0
Commercial banks 8,687.9 9,637.9
Corporates 9,570.0 9,741.4
SLOVAK FOREIGN RESERVES AUG 28 AUG 22 AUG 15
($ million)
Central Bank 17,847.2 17,694.9 17,786.0
Commercial banks 2,101.6 2,150.1 2,293.8
Total banking sector 19,948.8 19,845.0 20,079.8
ECONOMIC FORECASTS
GDP EU-NORM CPI C/A DATE
'07 '08 '07 '08 '07 '08
FinMin +8.8 +6.8 +1.7 +1.9 -4.0 -2.6 June 20
Cbank +8.9 +7.5 +1.5 +2.0 -4.7 -3.1 July 31
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.