(last updated Nov 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 FY/06 PVS FY/06
(pct change yr/yr) +8.8 +8.3
Final consumption
Household +5.9 +6.3
Government +10.1 +4.1
Gross fixed capital
formation +8.4 +7.3
Foreign trade balance
exports of goods
and services +21.0 +20.7
imports of goods
and services +17.7 +17.8
SLOVAK REAL GDP 2000-2005
-------------------------
(pct chng yr/yr)
FY/2005 - +6.6 (+6.0)
FY/2004 - +5.2 (+5.4)
FY/2003 - +4.8 (+4.2)
FY/2002 - +4.8 (+4.1)
FY/2001 - +3.4 (+3.2)
FY/2000 - +1.4 (+0.7)
-------------------------
C/A BALANCE JAN-AUG/07 JAN-AUG/06
(SKK bln) -60.4 -86.96
C/A BALANCE JAN-JULY/07 JAN-JULY/06
(SKK bln)
Total -51.2 -85.7
Foreign trade -8.9 -52.5
Service +8.4 +9.9
Income balance -43.7 -46.0
Current transfers -7.0 +2.9
FOREIGN TRADE AUG 07 JULY 07 AUG 06 JAN-DEC 06
(SKK bln)
Imports 114.780 115.088 109.111 1,308,143
Exports 107.214 112.578 105.414 1,232.887
Balance -7.565 -2.510 -3.697 -75.256
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports 5.2 13.2 N/A N/A
nominal exports 1.7 12.3 N/A N/A
SLOVAK EU-NORM INFLATION SEPT 07 AUG 07 SEPT 06
pct change mo/mo +0.3 -0.1 -0.2
pct change yr/yr +1.7 +1.2 +4.5
SLOVAK HEADLINE CPI SEPT 07 AUG 07 SEPT 06
pct change mo/mo +0.2 +0.1 -0.3
pct change yr/yr +2.8 +2.3 +4.6
SLOVAK CORE CPI
pct change mo/mo +0.2 0.0 -0.3
pct change yr/yr +3.0 +2.4 +2.4
CENTRAL STATE BUDGET JAN-OCT/07 JAN-OCT/06 FY 2007 PLAN
(SKK bln)
revenues 263.062 240.578 310.472
expenditure 256.174 241.658 348.858
balance +6.888 -1.079 -38.386
PRODUCER PRICES SEPT 07 AUG 07 SEPT 06
pct change month/month +0.5 -0.2 -0.7
pct change year/year +1.6 +0.5 +7.5
*INDUSTRIAL OUTPUT SEPT 07 AUG 07 SEPT 06
pct change yr/yr +15.4 +5.8 +9.9
*CONSTRUCTION OUTPUT SEPT 07 AUG 07 SEPT 06
pct change yr/yr +5.3 -1.7 +11.4
SELECTED SECTOR SALES AUG 07 JULY 07 AUG 06 JAN-DEC 06
(pct change yr/yr)
Retail sales 5.1 5.9 8.0 8.8
Hotels and restaurants -2.1 -4.4 11.4 14.5
Vehicle sales
and maintenance 25.0 26.9 10.5 13.6
SLOVAK INDUSTRIAL WAGES AUG 07 JULY 07 AUG 06 JAN-DEC 06
real pct change yr/yr 2.8 3.5 1.9 2.2
nominal pct change yr/yr 5.2 5.9 7.1 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 SEPT 07 AUG 07 SEPT 06
pct of workforce 8.30 8.19 9.75
number of available jobless 215,973 212,905 249,446
SLOVAK GROSS FOREIGN DEBT
($ million) END-JULY/07 END-JUNE/07
TOTAL 38,240.5 36,665.8
LONG TERM DEBT 19,065.2 18,386.8
(of which)
Govt and central bank 9,204.3 9,074.6
Commercial banks 1,943.8 1,784.3
Corporates 7,917.1 7,527.9
SHORT TERM DEBT 19,175.3 18,269.0
(of which)
Govt and central bank 0.0 0.0
Commercial banks 9,310.0 8,826.6
Corporates 9,865.3 9,442.4
SLOVAK FOREIGN RESERVES OCT 30 OCT 24 OCT 17
($ million)
Central Bank 18,798.3 18,490.2 18,500.0
Commercial banks 2,573.4 2,792.2 2,557.3
Total banking sector 21,371.7 21,282.4 21,057.3
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 +8.8 +6.8 +1.6 +1.8 -4.0 -2.6 Sept 13
Cbank +8.9 +7.5 +1.6 +2.3 -4.7 -3.1 Oct 30
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.