(last updated on Oct 11)
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 +6.1
Final consumption
Household +5.9 +6.6 +7.5 +7.2
Government +5.5 +6.7 -1.8 +0.5
Gross fixed capital
formation +6.9 +16.1 +12.1 +13.8
Foreign trade balance
exports of goods
and services +18.4 +18.0 +8.5 +13.5
imports of goods
and services +15.1 +20.8 +12.3 +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 JULY 06 JUNE 06 JULY 05 JAN-DEC 05
(SKK bln)
Imports 103.062 113.086 83.015 1,070.893
Exports 95.744 106.840 78.191 994.571
Balance -7.318 -6.246 -4.825 -76.322
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports 24.1 25.5 8.8 13.9
nominal exports 22.4 23.5 12.1 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 Aug/06 July/06 Aug/05
pct change mo/mo -0.1 +0.1 -0.1
pct change yr/yr +5.0 +5.0 +2.1
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 June 06 May 06 June 05
pct change month/month +0.2 +0.8 +0.9
pct change year/year +9.1 +9.9 +4.8
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 Aug/06 July/06 July/05
pct of available workforce 9.85 10.20 10.88
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 4 Sept 27 Sept 20
($ million)
Central Bank 13,230.1 13,228.7 13,159.8
Commercial banks 2,754.5 3,256.5 3,193.5
Total banking sector 15,984.6 16,485.2 16,353.3
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))