(last updated Aug 14)
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
------------------------------------------------------------- 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
-------------------------------------------------------------- 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)
------------------------------------------------------------- C/A BALANCE
JAN-MAY/08 JAN-MAY/07
(SKK bln) -25.6 -13.2
C/A BALANCE JAN-April/08 JAN-April/07
(SKK bln)
Total -22.2 -0.4
Foreign trade -2.1 +1.5
Service -4.1 +3.8
Income balance -6.3 -0.06
Current transfers -9.6 -5.6
--------------------------------------------------------------
FOREIGN TRADE JUNE 08 MAY 08 JUNE 07 JAN-DEC 07
(SKK bln)
Imports 132.298 124.908 121.918 1,442.123
Exports 131.279 128.531 117.370 1,420.738
Balance -1.019 +3.623 -4.547 -21.385
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports +8.5 +0.2 +9.1 +10.2
nominal exports +11.9 +5.8 +8.2 +15.2
--------------------------------------------------------------
*SLOVAK EU-NORM INFLATION JULY 08 JUNE 08 JULY 07
pct change mo/mo +0.0 +0.4 -0.1
pct change yr/yr +4.4 +4.3 +1.2
SLOVAK HEADLINE CPI JULY 08 JUNE 08 JULY 07
pct change mo/mo +0.1 +0.4 0.0
pct change yr/yr +4.8 +4.6 +2.3
SLOVAK CORE CPI
pct change mo/mo +0.2 +0.4 -0.1
pct change yr/yr +5.1 +4.8 +2.4
--------------------------------------------------------------
CENTRAL STATE BUDGET JAN-JULY/08 JAN-JULY/07 FY 2008 PLAN
(SKK bln)
revenues 186.759 185.347 348.252
expenditure 187.373 181.490 380.233
balance -0.614 +3.857 -31.981
--------------------------------------------------------------
PRODUCER PRICES JUNE 08 MAY 08 JUNE 07
pct change month/month +0.2 +0.5 +0.3
pct change year/year +6.3 +6.4 +1.3
--------------------------------------------------------------
INDUSTRIAL OUTPUT JUNE 08 MAY 08 JUNE 07
pct change yr/yr +6.2 +3.3 (+4.0) +12.2
CONSTRUCTION OUTPUT JUNE 08 MAY 08 JUNE 07
pct change yr/yr +6.5 +8.4 +1.7
SELECTED SECTOR SALES JUNE 08 MAY 08 JUNE 07 JAN-DEC 07
(pct change yr/yr)
Retail sales +3.1 +6.7 +7.5 +5.5
Hotels and restaurants +4.3 +0.5 -2.2 +1.6
Vehicle sales
and maintenance +3.5 +0.6 +13.6 +24.2
---------------------------------------------------------------
SLOVAK INDUSTRIAL WAGES JUNE 08 MAY 08 JUNE 07 FY/07
real pct change yr/yr +5.4 +2.9 +1.7 +3.5
nominal pct change yr/yr +10.2 +7.6 +4.2 +6.4
SLOVAK AVG WAGES Q1/08 Q4/07 Q1/07 FY/07
real pct change yr/yr +6.2 +4.5 +4.2 4.3
nominal pct change yr/yr +10.4 +8.0 +7.1 7.2
---------------------------------------------------------------
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
---------------------------------------------------------------
SLOVAK GROSS FOREIGN DEBT
($ million) END-APRIL/08 END-MARCH/08
TOTAL 50,145.3 49,380.2
LONG TERM DEBT 23,683.4 23,775.5
(of which)
Govt and central bank 10,511.9 10,677.4
Commercial banks 2,578.2 2,497.8
Corporates 10,593.4 10,600.3
SHORT TERM DEBT 26,461.9 25,604.7
(of which)
Govt and central bank 0.0 0.0
Commercial banks 13,549.6 12,605.1
Corporates 12,912.3 12,999.6
---------------------------------------------------------------
SLOVAK FOREIGN RESERVES AUG 6 JULY 30 JULY 23
($ million)
Central bank 19,635.0 19,863.2 20,126.1
Commercial banks 3,640.4 3,890.9 3,509.0
Total banking sector 23,275.4 23,754.1 23,635.1
NOTE: Reserves data are calculated according to methodology
compatible with European Central Bank standards.
---------------------------------------------------------------
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 +7.6 +6.6 +4.0 +2.8 -5.1 -2.9 July 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.
