INSTANT VIEW 1-Slovak Q3 GDP confirms flash estimate at +9.4

...estimate 
released earlier in the month. 
*****************************************************************KEY POINTS 
 SLOVAK REAL GDP          Q3/07     Q2/07       Q3/06      FY/06 
 (pct change yr/yr)       +9.4      +9.3        +9.0       +8.8 
 (Full GDP table................................[ID:BSD000063]) 
 - The Statistics Office says it maintains the forecast of 8.8 
percent real GDP growth for full-year 2007. 
- It also forecast annual headline inflation at 3.4 percent at 
the end of 2007, above the previous forecast of 2.3 percent. 
- Household consumption remains strong with 8.3 percent annual 
growth in the third quarter, and government consumption rises 
again, by 2.2 percent, after an annual drop in the second 
quarter. 
     
CROWN REACTION 
 The Slovak crown traded at 33.285 per euro  as of 0810 
GMT, unchanged from early trade. 
     
 BACKGROUND 
- The Slovak economy has been showing the highest growth rates 
among the four largest new EU members from central Europe over 
the past few years.  
- GDP growth has been helped by reviving domestic demand as 
household's consumption rises after years of belt-tightening 
reforms. 
- Investment has also increased in the past year, mainly thanks 
to large project such as car factories of French PSA Peugeot 
 and South Korean Kia Motors . 
- The central bank does not consider the fast GDP rise as major 
danger to inflation as economic growth appears to be driven by 
rising productivity and exports. 
     
 LINKS: 
- For further details on past data, Reuters 3000 Xtra users can 
click on the Slovak Statistics Office's website: 
    http://wwww.statistics.sk/webdata/english/index2_a.htm 
 
- For LIVE Slovak economic data releases, click on...... 
- Schedule of upcoming indicator releases............ 
- Summary of short-term economic data forecasts...... 
 
- Stories on Slovak currency moves........................[SKK/] 
- Slovak benchmark state bond prices ................. 
- Slovak forward money market rates .................... 
    (Reporting by Peter Laca and Martin Santa) 
     
  Keywords: SLOVAKIA GROWTH/  
    

[BRATISLAVA/Reuters/Finance.cz]