(last updated July 18)
NEW LISTINGS OR AMENDMENTS ARE MARKED*
KEY INTEREST RATES OVERNIGHT REPO TWO-WEEK REPO
rate (pct) 2.25/5.75 4.25
last changed APRIL 24, 2007 APRIL 24, 2007
former rate (pct) 2.50/6.00 4.50
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SLOVAK REAL GDP Q1/08 Q4/07 Q1/07 FY/07
(pct change yr/yr) +8.7 +14.3 +8.3 +10.4
Final consumption
Household +8.4 +5.9 +6.3 +7.1
Government +0.6 +0.8 +3.5 +0.7
Gross fixed capital
formation +2.4 +8.9 +11.0 +7.9
Foreign trade balance
exports of goods
and services +12.2 +16.0 +22.7 +16.0
imports of goods
and services +12.9 +11.6 +14.5 +10.4
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SLOVAK REAL GDP 2000-2006
(pct chng yr/yr)
FY/2006 - +8.3
FY/2005 - +6.6 (+6.0)
FY/2004 - +5.2 (+5.4)
FY/2003 - +4.8 (+4.2)
FY/2002 - +4.8 (+4.1)
FY/2001 - +3.4 (+3.2)
FY/2000 - +1.4 (+0.7)
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C/A BALANCE JAN-APRIL/08 JAN-APRIL/07
(SKK bln) -16.9 -0.4
C/A BALANCE JAN-MARCH/08 JAN-MARCH/07
(SKK bln)
Total -6.5 -0.1
Foreign trade +6.3 +1.8
Service -2.8 +1.1
Income balance -3.6 +1.1
Current transfers -6.5 -4.1
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FOREIGN TRADE MAY 08 ARPIL 08 MAY 07 JAN-DEC 07
(SKK bln)
Imports 124.983 141.571 124.706 1,442.123
Exports 129.103 134.809 121.497 1,420.738
Balance +4.120 -6.762 -3.209 -21.385
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports +0.2 +28.9 +13.9 +10.2
nominal exports +6.3 +22.0 +17.6 +15.2
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SLOVAK EU-NORM INFLATION JUNE 08 MAY 08 JUNE 07
pct change mo/mo +0.4 +0.4 +0.1
pct change yr/yr +4.3 +4.0 +1.5
SLOVAK HEADLINE CPI JUNE 08 MAY 08 JUNE 07
pct change mo/mo +0.4 +0.3 +0.3
pct change yr/yr +4.6 +4.6 +2.5
SLOVAK CORE CPI
pct change mo/mo +0.4 +0.4 +0.4
pct change yr/yr +4.8 +4.8 +2.5
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CENTRAL STATE BUDGET JAN-MAY/08 JAN-MAY/07 FY 2008 PLAN
(SKK bln)
revenues 133.278 121.501 348.252
expenditure 136.375 134.551 380.233
balance -3.097 -13.050 -31.981
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PRODUCER PRICES APRIL/08 MARCH/08 APRIL/07
pct change month/month +0.2 +0.2 -0.3
pct change year/year +5.8 +5.3 +2.2
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INDUSTRIAL OUTPUT MAY 08 APRIL 08 MAY 07
pct change yr/yr +4.0 +9.8 (+9.7) +16.7
CONSTRUCTION OUTPUT MAY 08 APRIL 08 MAY 07
pct change yr/yr +8.4 +17.6 +6.0
SELECTED SECTOR SALES MAY 08 APRIL 08 MAY 07 JAN-DEC 07
(pct change yr/yr)
Retail sales +6.7 +7.2 +9.7 +5.5
Hotels and restaurants +0.5 +5.3 -1.9 +1.6
Vehicle sales
and maintenance +0.6 +8.4 +28.6 +24.2
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SLOVAK INDUSTRIAL WAGES MAY 08 APRIL 08 MAY 07 FY/07
real pct change yr/yr +2.9 +4.8 +5.1 +3.5
nominal pct change yr/yr +7.6 +9.3 +7.5 +6.4
SLOVAK AVG WAGES Q4/07 Q3/07 Q4/06 FY/07
real pct change yr/yr +4.5 +4.2 +3.9 4.3
nominal pct change yr/yr +8.0 +6.8 +8.2 7.2
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SLOVAK UNEMPLOYMENT JUNE 08 MAY 08 JUNE 07
pct of workforce 7.42 7.44 8.33
number of available jobless 193,455 193,967 216,518
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SLOVAK GROSS FOREIGN DEBT
($ million) END-MARCH/08 END-FEB/08
TOTAL 49,380.2 46,632.2
LONG TERM DEBT 23,775.5 22,631.9
(of which)
Govt and central bank 10,677.4 10,398.4
Commercial banks 2,497.8 2,375.3
Corporates 10,600.3 9,858.2
SHORT TERM DEBT 25,604.7 24,000.3
(of which)
Govt and central bank 0.0 0.0
Commercial banks 12,605.1 11,503.2
Corporates 12,999.6 12,497.1
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*SLOVAK FOREIGN RESERVES JULY 16 JULY 9 JULY 2
($ million)
Central bank 20,215.9 19,843.4 19,933.1
Commercial banks 3,658.9 3,824.7 3,366.8
Total banking sector 23,874.8 23,668.1 23,299.9
NOTE: Reserves data are calculated according to methodology
compatible with European Central Bank standards.
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ECONOMIC FORECASTS:
GDP EU-NORM CPI C/A DATE
'08 '09 '08 '09 '08 '09
FinMin +7.7 +6.5 +3.8 +3.4 -4.1 -2.5 June 25
Cbank +7.4 +6.9 +2.8 +3.1 -3.4 -1.7 April 29
EC +7.0 +6.2 +3.8 +3.2 April 28
Notes:
EC - The European Commission
FinMin - Finance Ministry
NBS - National Bank of Slovakia
GDP - Real gross domestic product growth (pct change yr/yr)
CPI - Average annual change in consumer price index, calculated
under the EU methodology (pct).
C/A - Current account deficit (pct of GDP)
DATE - The date of the forecast release.
