Slovakia - Factors To Watch on Nov 12

...Minister Robert Fico will address a Hospodarske Noviny 
conference on euro adoption. 
     
    INFLATION DATA 
    The Statistics Office will release October headline and core 
inflation data, 0800 GMT. Analysts in a Reuters poll predicted 
consumer prices to have risen by 0.2 percent on the month in 
October, for an annual inflation rate of 2.8 percent. 
    Core inflation was forecast to have risen by 0.3 percent 
month-on-month, putting the annual rate at 3.2 percent 
year-on-year. 
     
    SLOVAK CPI SUSTAINABILITY KEY EURO QUESTION-ALMUNIA 
    Slovakia is on course to meet the budget deficit target 
needed for euro entry but will have to show it can keep the lid 
on mounting inflationary pressures, the European Commission said 
on Friday. 
    [ID:nL09719738] [RTRS-EUR-FRX-SK] 
     
    SLOVAK PM: FOOD COST CONTROL TO HELP TAME INFLATION 
    A Slovak government plan to tighten control over food prices 
will help to protect fulfilment of inflation conditions for 
planned euro adoption in 2009, Prime Minister Robert Fico said 
on Friday. 
    [ID:nL0993045] [RTRS-POL-FOD-PLCY-SK] 
     
    SLOVAK TRADE SURPLUS SURPRISES MKT, GDP TO QUICKEN 
    Slovak foreign trade swung into a surprise surplus in 
September, with data on Friday hinting the red-hot economy will 
expand even faster than previously expected this year. 
    [ID:nL09391214] [RTRS-MCE-ECI-TRD-SK] 
     
    SLOVAK CROWN OFF 16-WK HIGH AFTER INFLATION REMARKS 
    The Slovak crown eased from a 16-week peak against the euro 
on Friday as EU remarks on Slovakia's inflation outlook added to 
bearish mood on other emerging markets, dealers said. 
    [ID:nL09103332] [RTRS-FRX-MMT-SK] 
     
    SLOVAK SEPT RETAIL SALES +1.9 PCT Y/Y 
    Slovak retail sales rose by a real 1.9 percent year-on-year 
in September, slowing from a 5.1 percent increase in August, the 
Slovak Statistics Office said on Friday. 
    [ID:nBSD000050] [RTRS-MCE-ECI-RET-SK] 
     
    SLOVAK SEPT REAL AVERAGE IND WAGE +1.4 PCT Y/Y 
    The real average industrial wage in Slovakia rose by 1.4 
percent year-on-year in September, compared with a 2.8 percent 
rise in August, the Statistics Office said on Friday. 
    [ID:nL09528581] [RTRS-MCE-ECI-SK] 
     
    SLOVAK CBANK FOREX RESERVES RISE TO $18.9 BLN 
    The Slovak central bank's (NBS) foreign currency reserves 
rose to $18.947 billion as of Nov. 7, from $18.798 billion a 
week ago, the bank said on Friday. 
    [ID:nL09905295] [RTRS-CEN-FRX-MMT-SK] 
     
    PRESS DIGEST 
    ------------ 
    ELECTRONICS FDI 
    Taiwan's AU Optronics , the world's No.3 liquid 
crystal display maker, and Taiwan's No.2 LCD producer Chi Mei 
, are mulling new plants in Slovakia, Czech Republic, 
Hungary or Poland. 
    Chi Mei is planning to spend some 200 million euros ($294 
million). AU Optronics' plan was not published. 
    Hospodarske Noviny, page 1 
     
    SLOVNAFT PROFIT FALLS 
    Slovak oil refiner Slovnaft, owned by Hungary's MOL 
, posted a 17 percent drop in its net profit to 6.09 
billion crowns ($270.3 million) in the third quarter. 
    Hospodarske Noviny, page 15 
     
    For news on upcoming events in the United States and other 
Group of Seven countries, see . For a diary of 
forthcoming Slovak events, double click [SK/DIARY], and a 
calendar of east European economic indicators, see [CONV/DIARY]. 
     
    News editor of the day: Peter Laca on +421 2 5341 8402; fax: 
+421 2 5341 8403 
    E-mail: editorial@reuters.sk 
    Reuters Messaging: peter.laca.reuters.com@reuters.net 
     
    For real-time index quotes, double click in brackets: 
    Warsaw WIG20   Budapest BUX   Prague PX50 
 
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 Slovak money         [SK-M]  Czech debt                  [CZ-D] 
 Slovak Indicators  [SK-ECI]  Emerging forex          [EMRG/FRX] 
 Eastern European     [EEU]   All emerging markets        [EMRG] 
 Hot stocks           [HOT]   Stock markets                [STX] 
 Market debt news     [DBT]   Forex news                   [FRX] 
 TOP NEWS -- Emerging markets                         [TOP/EMRG] 
 TOP NEWS -- Convergence watch                        [TOP/EAST] 
  
  
 ($1=.6802 Euro) 
 ($1=22.53 Slovak Crown) 
  

[BRATISLAVA/Reuters/Finance.cz]