(Updated on Feb 15 with new ind orders, GDP flash
estimate for Q4 and FY-2010)
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
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*SLOVAK REAL GDP Q4/10 FY/10
FLASH ESTIMATE
(pct change y/y) +3.5 +4.0
(pct change q/q) +0.9
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SLOVAK REAL GDP Q3/10 Q2/10 Q3/09 FY/09
(pct change yr/yr) +3.8 +4.2 -5.0 -4.8
Final consumption
Household -0.3 -1.4 +1.3 +0.2
Government +0.9 -1.1 +2.5 +5.6
Gross fixed capital
formation +4.8 +1.8 -24.7 -19.9
Foreign trade balance
exports of goods
and services +14.8 +16.1 -14.9 -15.9
imports of goods
and services +16.6 +16.0 -17.0 -18.6
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SLOVAK REAL GDP (pct change yr/yr)
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)
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C/A BALANCE NOV/10 OCT/10 NOV/09
(mln euro) -34.0 -173.0 -205.0
C/A BALANCE END-2009 END-2008
(bln euro) -1.938 -4.433
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FOREIGN TRADE DEC 10 NOV 10 DEC 09 JAN-DEC 10
(mln euro)
Imports 4,193.3 4,784.4 3,334.9 48,441.7
Exports 4,000.3 4,830.8 3,274.3 48,651.0 Balance
-193.0 +46.4 -60.5 +209.3
DYNAMICS OF TRADE
(pct y/y change)
nominal imports +25.7 +26.3 +1.8 +24.9
nominal exports +22.2 +23.6 +12.6 +22.5
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SLOVAK EU-NORM INFLATION DEC 10 NOV 10 DEC 09
pct change mo/mo +0.2 +0.3 -0.1
pct change yr/yr +1.3 +1.0 0.0
SLOVAK HEADLINE CPI JAN 11 DEC 10 JAN 10
pct change mo/mo +1.9 +0.3 +0.2
pct change yr/yr +3.0 +1.3 +0.4
SLOVAK CORE CPI
pct change mo/mo +0.5 +0.3 +0.7
pct change yr/yr +1.6 +1.9 +0.2
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CENTRAL STATE BUDGET JAN/11 JAN/10 FY 2011 PLAN
(mln euro)
revenues 830.375 800.289 13,147.834
expenditure 848.112 777.479 16,957.773
balance -17.737 +22.810 -3,809.939
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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
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INDUSTRIAL OUTPUT DEC 10 NOV 10 DEC 09 FY-10
pct change yr/yr +19.7 +17.3 +11.8 +18.9
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*INDUSTRIAL ORDERS DEC 10 NOV 10 DEC 09 FY-2010
pct change m/m +11.5 -0.8 +1.7 +26.6
pct change y/y +34.6 +22.7 +22.8
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volume
(mln euro) 2,953.8 3,189.0 2,217.0 34,053.7
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CONSTRUCTION OUTPUT DEC 10 NOV 10 DEC 09
pct change yr/yr 0.0 +0.7 -18.2
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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
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SLOVAK AVG WAGES Q3/10 Q2/10 Q3/09 FY/09
real pct change yr/yr +2.6 +2.4 +1.3 +1.4
nominal pct change yr/yr +3.7 +3.6 +2.5 +3.0
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
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SLOVAK UNEMPLOYMENT DEC 10 NOV 10 DEC 09
pct of workforce 12.46 12.22 12.66
number of available jobless 334,903 328,345 335,490
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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
