(last updated on Oct 20) NEW LISTINGS OR AMENDMENTS ARE MARKED* KEY INTEREST RATES OVERNIGHT REPO TWO-WEEK REPO rate (pct) 3.25/6.25 4.75 last changed SEPT 25, 2006 SEPT 25, 2006 former rate (pct) 3.00/6.00 4.50 SLOVAK REAL GDP Q2/06 Q1/06 Q2/05 FY/05 (pct change yr/yr) +6.7 +6.3 +5.4 +6.0 Final consumption Household +5.9 +6.6 +7.5 +7.2 Government +5.5 +6.7 -1.8 -0.6 Gross fixed capital formation +6.9 +16.1 +12.1 +17.5 Foreign trade balance exports of goods and services +18.4 +18.0 +8.5 +13.8 imports of goods and services +15.1 +20.8 +12.3 +16.6 *SLOVAK REAL GDP 2002 2003 2004 2005 (pct change yr/yr) +4.1 +4.2 +5.4 +6.0 (+6.1) Final consumption Household +5.2 +0.1 +3.8 +7.2 Government +5.2 +3.9 +2.0 -0.6 (+0.5) Gross fixed capital formation +0.3 -2.3 +5.0 +17.5 (+13.8) Foreign trade balance exports of goods and services +4.7 +15.9 +7.9 +13.8 (+13.5) imports of goods and services +4.6 +7.6 +8.8 +16.6 (+15.5) C/A BALANCE JAN-JULY 06 JAN-JULY 05 (SKK bln) -68.6 -57.8 C/A BALANCE JAN-JUNE 06 JAN-MAY 06 JAN-JUNE 05 (SKK bln) Total -61.9 -55.3 -50.5 Foreign trade -45.5 -40.2 -31.5 Service +8.2 +7.8 +5.2 Income balance -28.6 -21.7 -24.9 Current transfers +4.0 -1.2 +0.7 FOREIGN TRADE AUG 06 JULY 06 AUG 05 JAN-DEC 05 (SKK bln) Imports 110.193 103.747 81.605 1,070.893 Exports 105.829 97.105 81.209 994.571 Balance -4.364 -6.642 -0.396 -76.322 DYNAMICS OF TRADE (pct y/y change in SKK terms) nominal imports 35.0 25.0 8.9 13.9 nominal exports 30.3 24.2 16.5 11.6 SLOVAK HEADLINE CPI SEPT 06 AUG 06 SEPT 05 pct change mo/mo -0.3 0.0 +0.2 pct change yr/yr +4.6 +5.1 +2.2 SLOVAK CORE CPI pct change mo/mo -0.3 -0.1 +0.1 pct change yr/yr +2.4 +2.8 +1.0 SLOVAK EU-NORM INFLATION SEPT 06 AUG 06 SEPT 05 pct change mo/mo -0.2 -0.1 +0.3 pct change yr/yr +4.5 +5.0 +2.3 CENTRAL STATE BUDGET JAN-SEPT 06 JAN-SEPT 05 FY 2006 PLAN (SKK bln) revenues 212.166 188.639 272.717 expenditure 217.300 196.746 330.185 balance -5.134 -8.107 -57.468 PRODUCER PRICES AUG 06 JULY 06 AUG 05 pct change month/month +0.6 +0.6 +0.8 pct change year/year +8.8 +9.0 +5.6 INDUSTRIAL OUTPUT AUG 06 JULY 06 AUG 05 pct change yr/yr 13.7 8.3 4.4 CONSTRUCTION OUTPUT AUG 06 JULY 06 AUG 05 pct change yr/yr 21.6 17.5 15.1 SELECTED SECTOR SALES AUG 06 JULY 06 AUG 05 JAN-DEC 05 (pct change yr/yr) Retail sales +8.0 +8.5 +11.7 +9.7 Hotels and restaurants +11.4 +12.0 +0.8 0.0 Vehicle sales and maintenance +12.9 +12.2 +8.2 +5.9 SELECTED SECTOR SALES JULY 06 JUNE 06 JULY 05 JAN-DEC 05 (pct change yr/yr) Retail sales +8.5 +10.7 +7.5 +9.7 Hotels and restaurants +12.0 +14.4 +0.6 0.0 Vehicle sales and maintenance +12.2 +16.4 +6.8 +5.9 SLOVAK INDUSTRIAL WAGES AUG 06 JULY 06 AUG 05 JAN-DEC 05 real pct change yr/yr 1.3 3.1 3.9 4.6 nominal pct change yr/yr 6.5 8.3 6.0 7.4 SLOVAK AVG WAGES Q2/06 Q1/06 Q2/05 FY/05 real pct change yr/yr 4.0 2.7 5.6 6.3 nominal pct change yr/yr 8.8 7.1 8.2 9.2 SLOVAK UNEMPLOYMENT SEPT 06 AUG 06 SEPT 05 pct of available workforce 9.75 9.85 11.20 SLOVAK GROSS FOREIGN DEBT ($ million) END-MAY 06 END-APRIL 06 TOTAL 31,030.5 28,891.3 LONG TERM DEBT 14,426.0 14,793.6 (of which) Govt and central bank 6,850.0 7,361.6 Commercial banks 1,184.2 1,164.9 Corporates 6,391.8 6,267.1 SHORT TERM DEBT 16,604.5 14,097.7 (of which) Govt and central bank 8.1 7.9 Commercial banks 9,212.1 8,029.8 Corporates 7,384.3 6,060.0 *SLOVAK FOREIGN RESERVES OCT 18 OCT 11 OCT 4 ($ million) Central Bank 13,061.5 13,081.8 13,230.1 Commercial banks 2,321.4 2,625.9 2,754.5 Total banking sector 15,382.9 15,707.7 15,984.6 NOTE: The reserves data are calculated according to methodology compatible with European Central Bank standards. ECONOMIC FORECASTS GDP CPI C/A DATE '06 '07 '06 '07 '06 '07 FinMin +6.6 +7.1 +4.5 +3.1 -6.9 -3.5 Oct 2 Cbank +6.7 +7.1 +3.9 +2.8 -7.0 -4.3 July 25 OECD +6.3 +6.3 +3.6 +2.2 -9.0 -7.0 May 23 Notes: FinMin - Finance Ministry NBS - National Bank of Slovakia OECD - Organisation for Economic Cooperation and Development GDP - Real gross domestic product growth (pct change yr/yr) CPI - Average annual change in consumer price index (pct). C/A - Current account deficit (pct of GDP) DATE - The date of the forecast release. ((Bratislava Newsroom, 421-2-5341-8402, fax 421-2-5341-8403, editorial@reuters.sk))