(Updated on March 16 with Feb EU-norm inflation)
NEW LISTINGS OR, AMENDMENTS ARE MARKED* KEY INTEREST RATES ECB'S TWO-WEEK REPO rate (pct) 1.00 last changed MAY 7, 2009 former rate (pct) 1.25 --------------------------------------------------------------- SLOVAK REAL GDP Q4/10 Q3/10 Q4/09 FY/10 (pct change yr/yr) +3.5 +3.8 -3.6 +4.0 Final consumption Household +0.5 -0.3 -2.6 -0.3 Government -3.3 +0.9 +6.4 +0.1 Gross fixed capital
formation +10.6 +4.8 -16.9 +3.6 Foreign trade balance
exports of goods
and services +14.3 +17.3 -3.7 +16.4
imports of goods
and services +13.5 +19.2 -9.6 +14.9 --------------------------------------------------------------- SLOVAK REAL GDP (pct change yr/yr) FY/2010 +4.0 (+4.0) FY/2009 -4.8 (-4.7) FY/2008 +5.8 (+6.2) FY/2007 +10.5 (+10.6) FY/2006 +8.5 (+8.5) FY/2005 +6.7 (+6.7) FY/2004 +5.1 (+5.0) FY/2003 +4.8 (+4.8) FY/2002 +4.6 (+4.6) FY/2001 +3.5 (+3.5) FY/2000 +1.4 (+1.4) -------------------------------------------------------------- C/A BALANCE DEC/10 NOV/10 DEC/09 (mln euro) -308.0 -81.0 -514.0 C/A BALANCE END-2010 END-2009 END-2008 (bln euro) -2.187 -2.264 -4.433 -------------------------------------------------------------- FOREIGN TRADE JAN 11 DEC 10 JAN 10 JAN-DEC 10 (mln euro) Imports 4,034.4 4,282.1 3,025.6 48,653.5 Exports 4,170.4 4,040.2 3,079.2 48,791.0 Balance +136.0 -241.8 +53.6 +137.5 DYNAMICS OF TRADE (pct y/y change) nominal imports +35.4 +28.4 +1.5 +25.5 nominal exports +33.3 +23.4 +13.4 +22.8 --------------------------------------------------------------- *SLOVAK EU-NORM INFLATION FEB 11 JAN 11 FEB 10 pct change mo/mo +0.3 +2.1 0.0 pct change yr/yr +3.5 +3.2 -0.2 SLOVAK HEADLINE CPI FEB 11 JAN 11 FEB 10 pct change mo/mo +0.3 +1.9 +0.0 pct change yr/yr +3.3 +3.0 +0.4 SLOVAK CORE CPI pct change mo/mo +0.4 +0.5 +0.2 pct change yr/yr +1.8 +1.6 +0.4 --------------------------------------------------------------- CENTRAL STATE BUDGET JAN-FEB/11 JAN-FEB/10 FY 2011 PLAN (mln euro) revenues 1,758.152 1,461.408 13,147.834 expenditure 2,102.233 2,241.684 16,957.773 balance -344.081 -780.276 -3,809.939 --------------------------------------------------------------- PRODUCER PRICES OCT/10 SEPT/10 OCT/09 pct change month/month +0.1 -0.2 -0.1 pct change year/year +2.1 +1.9 -8.2 --------------------------------------------------------------- INDUSTRIAL OUTPUT JAN 11 DEC 10 JAN 10 pct change yr/yr +17.1 +19.7 +20.1 --------------------------------------------------------------- INDUSTRIAL ORDERS JAN 11 DEC 10 JAN 10 FY-2010 pct change m/m -3.1 +11.4 -1.3 +26.6 pct change y/y +28.4 +34.6 24.6 --------------------------------------------------------------- volume (mln euro) 2,943.9 2,953.8 2,279.6 34,035.7 --------------------------------------------------------------- CONSTRUCTION OUTPUT JAN 11 DEC 10 JAN 10
pct change yr/yr -0.8 0.0 -8.1 --------------------------------------------------------------- SELECTED SECTOR SALES DEC/10 OCT/10 DEC/09 JAN-DEC 10 (pct change yr/yr) Retail sales -2.4 -3.1 -9.2 -2.2 Vehicle sales and maintenance +13.4 +25.8 -11.5 -1.5 --------------------------------------------------------------- SLOVAK AVG WAGES Q4/10 Q3/10 Q3/09 FY/10 real pct change yr/yr +2.7 +2.6 +1.6 +2.2 nominal pct change yr/yr + 3.8 +3.7 +2.1 +3.2 SLOVAK INDUSTRIAL WAGES MAY 09 APRIL 09 MAY 08 FY/08 real pct change yr/yr -3.4 -0.3 +3.2 +2.8 nominal pct change yr/yr -1.3 +2.0 +7.9 +7.5 --------------------------------------------------------------- SLOVAK UNEMPLOYMENT JAN 11 DEC 10 JAN 10 pct of workforce 12.98 12.46 12.89 number of available jobless 346,196 334,903 346,379 --------------------------------------------------------------- ECONOMIC FORECASTS: GDP EU-NORM CPI C/A DATE
'11 '12 '11 '12 '11 '12
FinMin +3.4 +4.8 +3.4 +3.0 -2.2 -1.7 Feb 8
NBS +3.0 +4.0 +3.9 +2.6 -1.3 -0.4 Dec 7 Notes: FinMin - Finance Ministry NBS - National Bank of Slovakia - GDP - Real gross domestic product growth (pct change yr/yr) - EU-NORM CPI - Annual average consumer price index, calculated under the EU methodology (pct) - C/A - Current account deficit (pct of GDP) - DATE - The date of the forecast release