INDICATORS - Slovakia - Dec 21

                 (last updated on Dec 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           Q3/06     Q2/06       Q3/05      FY/05 
 (pct change yr/yr)       +9.8      +6.7        +6.3       +6.0 
 Final consumption 
  Household               +6.5      +5.9        +7.8       +7.2 
  Government              +1.2      +6.6        +2.2       -0.6 
 Gross fixed capital 
  formation               +6.7      +3.6       +21.0      +17.5 
 Foreign trade balance 
  exports of goods  
  and services           +23.8     +18.1       +19.5      +13.8 
  imports of goods  
  and  services          +22.9     +14.0       +17.7      +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-OCT 06               JAN-OCT 05 
 (SKK bln)               -109.9                     -75.31 
*C/A BALANCE          JAN-SEPT    JAN-AUG 06    JAN-SEPT 05 
 (SKK bln) 
 Total                -105.6       -87.0         -68.2 
 Foreign trade         -65.4       -54.1         -39.2 
 Service               +13.9       +11.2          +8.7 
 Income balance        -53.6       -45.7         -37.4 
 Current transfers      +1.2        +1.6          -0.3 
FOREIGN TRADE         OCT 06   SEPT 06    OCT 05    JAN-DEC 05 
 (SKK bln) 
 Imports             128.257   124.393   103.493    1,070.893 
 Exports             123.278   114.519    96.732      994.571 
 Balance              -4.979    -9.874    -6.761      -76.322 
DYNAMICS OF TRADE  
 (pct y/y change in SKK terms) 
 nominal imports      23.9       29.9      16.7          13.9 
 nominal exports      27.4       23.0      14.8          11.6 
 
SLOVAK HEADLINE CPI      NOV 06    OCT 06     NOV 05 
  pct change mo/mo        +0.6      +0.2       +0.0 
  pct change yr/yr        +4.3      +3.7       +3.4 
SLOVAK CORE CPI 
  pct change mo/mo        +0.4      +0.1       +0.0 
  pct change yr/yr        +2.9      +2.4       +1.2 
SLOVAK EU-NORM INFLATION      NOV 06        OCT 06      NOV 05 
  pct change mo/mo             +0.5           0.0         0.0 
  pct change yr/yr             +3.7          +3.1        +3.6 
CENTRAL STATE BUDGET   Jan-Nov/06    Jan-Nov/05    FY 2006 PLAN 
 (SKK bln) 
 revenues               262.156       233.706         272.717 
 expenditure            269.139       241.259         330.185 
 balance                 -6.983        -7.553         -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       OCT 06       SEPT 06        OCT 05 
 pct change yr/yr        11.1         9.8            4.9 
CONSTRUCTION OUTPUT       OCT 06       SEPT 06     OCT 05 
 pct change yr/yr           9.1         11.4         9.4 
SELECTED SECTOR SALES     OCT 06  SEPT 06    OCT 05   JAN-DEC 05 
 (pct change yr/yr) 
 Retail sales             +7.6    +10.6      +14.4      +9.7 
 Hotels and restaurants   +8.0     +9.3       +0.5       0.0 
 Vehicle sales 
 and maintenance         +17.9    +16.5       +6.9      +5.9 
SLOVAK INDUSTRIAL WAGES    OCT 06  SEPT 06   OCT 05   JAN-DEC 05 
 real pct change yr/yr      1.5      2.3      3.6       4.4 
 nominal pct change yr/yr   5.3      7.0      7.0       7.2 
SLOVAK AVG WAGES           Q3/06     Q2/06    Q3/05    FY/05 
 real pct change yr/yr      2.7       4.0      7.6      6.3 
 nominal pct change yr/yr   7.7       8.8      9.9      9.2 
SLOVAK UNEMPLOYMENT            NOV 06    OCT 06    NOV 05 
 pct of available workforce     9.12      9.27     10.86 
*SLOVAK GROSS FOREIGN DEBT 
 ($ million)                   END-SEPT/06     END-AUG/06 
 TOTAL                          29,335.9        29,783.3 
 LONG TERM DEBT                 15,124.2        15,604.9 
  (of which) 
  Govt and central bank          7,328.9         7,515.5 
  Commercial banks               1,237.1         1,382.8 
  Corporates                     6,558.2         6,706.7 
 SHORT TERM DEBT                14,211.7        14,178.3 
  (of which) 
  Govt and central bank              0.0            65.7 
  Commercial banks               6,019.0         6,181.8 
  Corporates                     8,192.7        7,930.8 
SLOVAK FOREIGN RESERVES         DEC 13      DEC 06       NOV 29 
  ($ million) 
  Central Bank                 13,474.5    13,540.2     13,387.0 
  Commercial banks              3,005.5     3,038.7      2,582.1 
  Total banking sector         16,480.0    16,578.9     15,969.1 
    NOTE: 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      +8.2 +8.0   +4.5   +2.8      -6.4  -3.9     Nov 28 
 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))