(last updated on Nov 16)
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-AUG 06 JAN-AUG 05
(SKK bln) -89.7 -61.3
C/A BALANCE JAN-JULY 06 JAN-JUNE 06 JAN-JUNE 05
(SKK bln)
Total -85.8 -61.9 -57.8
Foreign trade -52.5 -45.5 -36.2
Service +9.9 +8.2 +6.4
Income balance -46.0 -28.6 -27.6
Current transfers +2.9 +4.0 -0.4
*FOREIGN TRADE SEPT 06 AUG 06 SEPT 05 JAN-DEC 05
(SKK bln)
Imports 122.975 110.490 95.788 1,070.893
Exports 113.510 108.145 93.086 994.571
Balance -9.464 -2.346 -2.702 -76.322
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports 28.4 35.4 13.6 13.9
nominal exports 21.9 33.2 17.6 11.6
SLOVAK HEADLINE CPI OCT 06 SEPT 06 OCT 05
pct change mo/mo +0.2 -0.3 +1.1
pct change yr/yr +3.7 +4.6 +3.3
SLOVAK CORE CPI
pct change mo/mo +0.1 -0.3 +0.1
pct change yr/yr +2.4 +2.4 +1.1
SLOVAK EU-NORM INFLATION OCT/06 SEPT/06 OCT/05
pct change mo/mo 0.0 -0.2 +1.3
pct change yr/yr +3.1 +4.5 +3.5
CENTRAL STATE BUDGET JAN-OCT/06 JAN-OCT/05 FY 2006 PLAN
(SKK bln)
revenues 240.578 214.420 272.717
expenditure 241.658 219.535 330.185
balance -1.080 -5.115 -57.468
PRODUCER PRICES SEPT 06 AUG 06 SEPT 05
pct change month/month -0.7 +0.6 +0.5
pct change year/year +7.5 +8.8 +5.8
INDUSTRIAL OUTPUT SEPT/06 AUG/06 SEPT/05
pct change yr/yr 9.7 14.3 5.4
CONSTRUCTION OUTPUT SEPT/06 AUG/06 SEPT/05
pct change yr/yr 11.4 21.6 20.7
SELECTED SECTOR SALES SEPT 06 AUG 06 SEPT 05 JAN-DEC 05
(pct change yr/yr)
Retail sales +10.6 +8.0 +12.7 +9.7
Hotels and restaurants +9.3 +11.4 +0.7 0.0
Vehicle sales
and maintenance +18.8 +12.9 +5.8 +5.9
SLOVAK INDUSTRIAL WAGES SEPT 06 AUG 06 SEPT 05 JAN-DEC 05
real pct change yr/yr 1.6 1.3 2.7 4.4
nominal pct change yr/yr 6.3 6.5 5.0 7.2
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-JULY/06 END-JUNE/06
TOTAL 28,269.5 31,501.2
LONG TERM DEBT 14,725.8 15,229.2
(of which)
Govt and central bank 7,056.8 7,445.6
Commercial banks 1,244.4 1,238.3
Corporates 6,424.7 6,545.4
SHORT TERM DEBT 13.543.7 16,272.0
(of which)
Govt and central bank 0.0 0.0
Commercial banks 5,850.5 8,822.0
Corporates 7,693.2 7,450.0
*SLOVAK FOREIGN RESERVES NOV 14 NOV 8 OCT 31
($ million)
Central Bank 13,171.6 13,148.3 13,147.0
Commercial banks 2,761.3 2,877.4 2,539.8
Total banking sector 15,932.9 16,025.7 15,686.8
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 +6.8 +7.2 +4.1 +2.6 -6.7 -4.3 Oct 31
OECD +6.3 +6.3 +3.6 +2.2 -9.0 -7.0 May 23
EU +6.7 +7.2 +4.5 +3.4 n/f n/f Nov 6
Notes:
FinMin - Finance Ministry
NBS - National Bank of Slovakia
OECD - Organisation for Economic Cooperation and Development
EU - European Union
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))